VALOR IT INC 401(K) PROFIT SHARING PLAN & TRUST

At the end of 2022, the total retirement plan assets of VALOR IT INC 401(K) PROFIT SHARING PLAN & TRUST is $2,035,391.This plan was established in 2013.

At the end of 2022, the total number of retirement plan participants in VALOR IT INC 401(K) PROFIT SHARING PLAN & TRUST is 1393

In 2022, the average participant retirement account value for VALOR IT INC 401(K) PROFIT SHARING PLAN & TRUST is $1,461

In 2022, the estimated average employee contribution amount per participant for VALOR IT INC 401(K) PROFIT SHARING PLAN & TRUST is $470

In 2022, the estimated average employer match for an employee in VALOR IT INC 401(K) PROFIT SHARING PLAN & TRUST is approximately $250

In 2022, VALOR IT INC 401(K) PROFIT SHARING PLAN & TRUST allocates $349,610 to match its employees’ contributions, providing an employer match rate of 63.07% of their contributions

In 2022, the total retirement plan asset growth rate of VALOR IT INC 401(K) PROFIT SHARING PLAN & TRUST is 8.05%

In 2022, the estimated aggregate retirement account investment gain/loss for VALOR IT INC 401(K) PROFIT SHARING PLAN & TRUST is -14.94%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of VALOR IT INC 401(K) PROFIT SHARING PLAN & TRUST is 0.98%.

Enrollment Features

VALOR IT 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.