IVC, INC. UNION 401(K) PLAN

At the end of 2022, the total retirement plan assets of IVC, INC. UNION 401(K) PLAN is $1,375,117.This plan was established in 2018.

At the end of 2022, the total number of retirement plan participants in IVC, INC. UNION 401(K) PLAN is 163

In 2022, the average participant retirement account value for IVC, INC. UNION 401(K) PLAN is $8,436

In 2022, the estimated average employee contribution amount per participant for IVC, INC. UNION 401(K) PLAN is $944

In 2022, the estimated average employer match for an employee in IVC, INC. UNION 401(K) PLAN is approximately $236

In 2022, IVC, INC. UNION 401(K) PLAN allocates $38,613 to match its employees’ contributions, providing an employer match rate of 25.23% of their contributions

In 2022, the total retirement plan asset growth rate of IVC, INC. UNION 401(K) PLAN is 0.00%

In 2022, the estimated aggregate retirement account investment gain/loss for IVC, INC. UNION 401(K) PLAN is -10.96%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of IVC, INC. UNION 401(K) PLAN is 0.43%.

Enrollment Features

IVC, INC. UNION 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.