IVCI, LLC 401(K) PROFIT SHARING PLAN & TRUST

Overview

Plan Contact

  • Address: 601 OLD WILLETS PATH,HAUPPAUGE,NY
  • Contact person: JAMES B. SHARP
  • Phone: (631) 273-5800

Plan General Information


At the end of 2022, the total retirement plan assets of IVCI, LLC 401(K) PROFIT SHARING PLAN & TRUST is $10,915,898.This plan was established in 2001.

At the end of 2022, the total number of retirement plan participants in IVCI, LLC 401(K) PROFIT SHARING PLAN & TRUST is 161

In 2022, the average participant retirement account value for IVCI, LLC 401(K) PROFIT SHARING PLAN & TRUST is $67,800

In 2022, the estimated average employee contribution amount per participant for IVCI, LLC 401(K) PROFIT SHARING PLAN & TRUST is $3,028

In 2022, the estimated average employer match for an employee in IVCI, LLC 401(K) PROFIT SHARING PLAN & TRUST is approximately $656

In 2022, IVCI, LLC 401(K) PROFIT SHARING PLAN & TRUST allocates $105,759 to match its employees’ contributions, providing an employer match rate of 19.40% of their contributions

In 2022, the total retirement plan asset growth rate of IVCI, LLC 401(K) PROFIT SHARING PLAN & TRUST is -14.71%

In 2022, the estimated aggregate retirement account investment gain/loss for IVCI, LLC 401(K) PROFIT SHARING PLAN & TRUST is -15.64%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of IVCI, LLC 401(K) PROFIT SHARING PLAN & TRUST is 0.31%.

Enrollment Features

IVCI, LLC 401(K) PROFIT SHARING PLAN & TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.