VADERSTAD, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 17558 HIGHWAY 13,,WAHPETON,ND
  • Contact person: LEON STECKLER
  • Phone: (701) 672-1516

Plan General Information


At the end of 2022, the total retirement plan assets of VADERSTAD, INC. 401(K) PLAN is $2,327,742.This plan was established in 2001.

At the end of 2022, the total number of retirement plan participants in VADERSTAD, INC. 401(K) PLAN is 124

In 2022, the average participant retirement account value for VADERSTAD, INC. 401(K) PLAN is $18,772

In 2022, the estimated average employee contribution amount per participant for VADERSTAD, INC. 401(K) PLAN is $2,158

In 2022, the estimated average employer match for an employee in VADERSTAD, INC. 401(K) PLAN is approximately $761

In 2022, VADERSTAD, INC. 401(K) PLAN allocates $94,440 to match its employees’ contributions, providing an employer match rate of 38.72% of their contributions

In 2022, the total retirement plan asset growth rate of VADERSTAD, INC. 401(K) PLAN is -25.70%

In 2022, the estimated aggregate retirement account investment gain/loss for VADERSTAD, INC. 401(K) PLAN is -20.16%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of VADERSTAD, INC. 401(K) PLAN is 0.88%.

Enrollment Features

VADERSTAD, INC. 401(K) 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.