VANCON, INC 401(K) PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: 1825 NORTH MOUNTAIN SPRINGS PARKWAY,SPRINGVILLE,UT
  • Contact person: JYLL WATERS
  • Phone: (801) 491-8898

Plan General Information


At the end of 2022, the total retirement plan assets of VANCON, INC 401(K) PROFIT SHARING PLAN is $3,792,325.This plan was established in 2008.

At the end of 2022, the total number of retirement plan participants in VANCON, INC 401(K) PROFIT SHARING PLAN is 167

In 2022, the average participant retirement account value for VANCON, INC 401(K) PROFIT SHARING PLAN is $22,708

In 2022, the estimated average employee contribution amount per participant for VANCON, INC 401(K) PROFIT SHARING PLAN is $2,713

In 2022, the estimated average employer match for an employee in VANCON, INC 401(K) PROFIT SHARING PLAN is approximately $1,607

In 2022, VANCON, INC 401(K) PROFIT SHARING PLAN allocates $268,379 to match its employees’ contributions, providing an employer match rate of 61.23% of their contributions

In 2022, the total retirement plan asset growth rate of VANCON, INC 401(K) PROFIT SHARING PLAN is 1.15%

In 2022, the estimated aggregate retirement account investment gain/loss for VANCON, INC 401(K) PROFIT SHARING PLAN is -14.52%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of VANCON, INC 401(K) PROFIT SHARING PLAN is 0.07%.

Enrollment Features