Wednesday, September 07, 2016

TAG 401(k) Stats

Next week the Guild holds its 401(k) Board of Trustees meeting; Vanguard has supplied fresh data, to wit:.

TAG 401k PLAN

Total Assets -- $243,956,005

Average Balance -- $91,540

Equity Allocation -- 73%

Professionally managed allocations -- 85%

Total Participants -- 2,665

Total contributions (12 months) -- $14,166,164

The Plan started on a shoestring in 1995, and Disney employees were the first to get into it. Twenty-one years later, assets and participants grow at a steady clip, and it's become an important adjunct to guild members' Motion Picture Industry pensions.

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