IVEK CORPORATION 401(K) PLAN

Overview

Plan Contact

  • Address: 10 FAIRBANKS ROAD,N. SPRINGFIELD,VT
  • Contact person: TRACEY TANNY
  • Phone: (802) 886-2238

Plan General Information


At the end of 2022, the total retirement plan assets of IVEK CORPORATION 401(K) PLAN is $13,545,536.This plan was established in 1995.

At the end of 2022, the total number of retirement plan participants in IVEK CORPORATION 401(K) PLAN is 149

In 2022, the average participant retirement account value for IVEK CORPORATION 401(K) PLAN is $90,909

In 2022, the estimated average employee contribution amount per participant for IVEK CORPORATION 401(K) PLAN is $4,709

In 2022, the estimated average employer match for an employee in IVEK CORPORATION 401(K) PLAN is approximately $937

In 2022, IVEK CORPORATION 401(K) PLAN allocates $139,635 to match its employees’ contributions, providing an employer match rate of 21.03% of their contributions

In 2022, the total retirement plan asset growth rate of IVEK CORPORATION 401(K) PLAN is -10.24%

In 2022, the estimated aggregate retirement account investment gain/loss for IVEK CORPORATION 401(K) PLAN is -11.83%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of IVEK CORPORATION 401(K) PLAN is 0.16%.

Enrollment Features