VALLEY SALES, INC. RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of VALLEY SALES, INC. RETIREMENT PLAN is $11,891,473.This plan was established in 1987.

At the end of 2022, the total number of retirement plan participants in VALLEY SALES, INC. RETIREMENT PLAN is 157

In 2022, the average participant retirement account value for VALLEY SALES, INC. RETIREMENT PLAN is $75,741

In 2022, the estimated average employee contribution amount per participant for VALLEY SALES, INC. RETIREMENT PLAN is $3,520

In 2022, the estimated average employer match for an employee in VALLEY SALES, INC. RETIREMENT PLAN is approximately $1,022

In 2022, VALLEY SALES, INC. RETIREMENT PLAN allocates $160,483 to match its employees’ contributions, providing an employer match rate of 28.32% of their contributions

In 2022, the total retirement plan asset growth rate of VALLEY SALES, INC. RETIREMENT PLAN is -15.99%

In 2022, the estimated aggregate retirement account investment gain/loss for VALLEY SALES, INC. RETIREMENT PLAN is -16.44%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of VALLEY SALES, INC. RETIREMENT PLAN is 0.02%.

Enrollment Features

VALLEY SALES, INC. RETIREMENT PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.