ANDERSON & VREELAND, INC. PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of ANDERSON & VREELAND, INC. PROFIT SHARING PLAN is $23,054,784.This plan was established in 1961.

At the end of 2022, the total number of retirement plan participants in ANDERSON & VREELAND, INC. PROFIT SHARING PLAN is 186

In 2022, the average participant retirement account value for ANDERSON & VREELAND, INC. PROFIT SHARING PLAN is $123,950

In 2022, the estimated average employee contribution amount per participant for ANDERSON & VREELAND, INC. PROFIT SHARING PLAN is $5,162

In 2022, the estimated average employer match for an employee in ANDERSON & VREELAND, INC. PROFIT SHARING PLAN is approximately $2,114

In 2022, ANDERSON & VREELAND, INC. PROFIT SHARING PLAN allocates $393,220 to match its employees’ contributions, providing an employer match rate of 41.51% of their contributions

In 2022, the total retirement plan asset growth rate of ANDERSON & VREELAND, INC. PROFIT SHARING PLAN is -21.65%

In 2022, the estimated aggregate retirement account investment gain/loss for ANDERSON & VREELAND, INC. PROFIT SHARING PLAN is -18.35%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ANDERSON & VREELAND, INC. PROFIT SHARING PLAN is 0.03%.

Enrollment Features

ANDERSON & VREELAND, INC. PROFIT SHARING PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.