State of Connecticut

This page was last updated on: April 15, 2011

Exhibit B 457 Plan Data

DATA - YRS 2003, 2002, 2001, 2000 2003 2002 2001 2000
NUMBER OF PARTICIPANTS
Active 25,423 26,270 25,046 26,530
MARKET VALUE OF ACCOUNTS
Mutual Funds $229,910,261.15 $167,617,333.78 $198,547,480.18 $208,594,556.45
Fixed Annuities/General Accounts $433,897,211.32 $401,468,423.65 $331,589,774.74 $281,247,948.56
Variable Annuities/Equities Accounts $283,137,939.37 $227,868,163.06 $295,544,777.09 $349,772,388.55
Total Assets $951,957,962.34 $796,953,920.49 $825,682,032.01 $839,614,893.56
PLAN CONTRIBUTIONS
Mutual Funds $31,363,731.97 $26,698,027.11 $26,029,495.45 $25,649,874.87
Fixed Annuities/General Accounts $30,723,952.30 $32,749,002.42 $20,540,026.10 $15,830,799.55
Variable Annuities/Equities Accounts $28,703,898.52 $35,965,029.02 $36,933,959.59 $36,454,900.03
Total Contributions $90,791,582.79 $95,412,058.55 $83,503,481.14 $77,935,574.45
Average Participant Deferral $3,571.24 $3,631.98 $3,334.00 $2,937.64
PLAN DISTRIBUTIONS
No. Partial Periodic Payments 2830 3389 3371 2851
Total of Periodic Payments $7,088,076.57 $7,670,233.11 $8,247,392.12 $7,065,151.09
No. Partial Lump Sum Distributions 436 197 81 120
Total of Partial Lump Sum Distributions $6,618,981.95 $3,002,678.67 $853,037.77 $1,156,687.62
Number Lump Sum Distributions 1578 1042 726 809
Total of Lump Sum Distributions $45,976,925.86 $37,791,667.76 $15,106,507.24 $18,503,182.80
QDRO'S PROCESSED
New Orders 18 13 14 8
Drafts Sent 18 23 28 31
Total Cases Worked 38 17 16 20
Finalized/Approved 10 9 9 16
HARDSHIP APPLICATIONS
Received 134 153 105 178
Approved 67 76 52 50
Denied 58 66 46 144
Incomplete 69 83 68 74
Worked 194 225 166 268