VALI 401(K) PLAN
Overview
Plan Contact
- Address: 6767 OLD MADISON PIKE,,HUNTSVILLE,AL
- Contact person: WENDY WELCH
- Phone: (256) 327-9319
Plan General Information
At the end of 2022, the total retirement plan assets of VALI 401(K) PLAN is $10,690,861.This plan was established in 2007.
At the end of 2022, the total number of retirement plan participants in VALI 401(K) PLAN is 159
In 2022, the average participant retirement account value for VALI 401(K) PLAN is $67,238
In 2022, the estimated average employee contribution amount per participant for VALI 401(K) PLAN is $4,828
In 2022, the estimated average employer match for an employee in VALI 401(K) PLAN is approximately $3,035
In 2022, VALI 401(K) PLAN allocates $482,699 to match its employees’ contributions, providing an employer match rate of 68.47% of their contributions
In 2022, the total retirement plan asset growth rate of VALI 401(K) PLAN is 52.29%
In 2022, the estimated aggregate retirement account investment gain/loss for VALI 401(K) PLAN is 48.14%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of VALI 401(K) PLAN is 0.21%.
Enrollment Features
VALI 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.