VANDEVERE 401K PROFIT SHARING PLAN AND TRUST

At the end of 2022, the total retirement plan assets of VANDEVERE 401K PROFIT SHARING PLAN AND TRUST is $19,284,230.This plan was established in 1961.

At the end of 2022, the total number of retirement plan participants in VANDEVERE 401K PROFIT SHARING PLAN AND TRUST is 402

In 2022, the average participant retirement account value for VANDEVERE 401K PROFIT SHARING PLAN AND TRUST is $47,970

In 2022, the estimated average employee contribution amount per participant for VANDEVERE 401K PROFIT SHARING PLAN AND TRUST is $4,102

In 2022, the estimated average employer match for an employee in VANDEVERE 401K PROFIT SHARING PLAN AND TRUST is approximately $3,105

In 2022, VANDEVERE 401K PROFIT SHARING PLAN AND TRUST allocates $1,248,594 to match its employees’ contributions, providing an employer match rate of 76.57% of their contributions

In 2022, the total retirement plan asset growth rate of VANDEVERE 401K PROFIT SHARING PLAN AND TRUST is -7.46%

In 2022, the estimated aggregate retirement account investment gain/loss for VANDEVERE 401K PROFIT SHARING PLAN AND TRUST is -14.38%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of VANDEVERE 401K PROFIT SHARING PLAN AND TRUST is 0.32%.

Enrollment Features

VANDEVERE 401K PROFIT SHARING PLAN AND TRUST 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.