VADATECH INC 401(K) PROFIT SHARING PLAN & TRUST

At the end of 2022, the total retirement plan assets of VADATECH INC 401(K) PROFIT SHARING PLAN & TRUST is $5,274,662.This plan was established in 2009.

At the end of 2022, the total number of retirement plan participants in VADATECH INC 401(K) PROFIT SHARING PLAN & TRUST is 197

In 2022, the average participant retirement account value for VADATECH INC 401(K) PROFIT SHARING PLAN & TRUST is $26,774

In 2022, the estimated average employee contribution amount per participant for VADATECH INC 401(K) PROFIT SHARING PLAN & TRUST is $2,159

In 2022, the estimated average employer match for an employee in VADATECH INC 401(K) PROFIT SHARING PLAN & TRUST is approximately $1,381

In 2022, VADATECH INC 401(K) PROFIT SHARING PLAN & TRUST allocates $272,190 to match its employees’ contributions, providing an employer match rate of 70.23% of their contributions

In 2022, the total retirement plan asset growth rate of VADATECH INC 401(K) PROFIT SHARING PLAN & TRUST is -11.10%

In 2022, the estimated aggregate retirement account investment gain/loss for VADATECH INC 401(K) PROFIT SHARING PLAN & TRUST is -14.32%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of VADATECH INC 401(K) PROFIT SHARING PLAN & TRUST is 1.01%.

Enrollment Features

VADATECH INC 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.