VARRA COMPANIES, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of VARRA COMPANIES, INC. 401(K) PLAN is $25,540.This plan was established in 2007.

At the end of 2022, the total number of retirement plan participants in VARRA COMPANIES, INC. 401(K) PLAN is 112

In 2022, the average participant retirement account value for VARRA COMPANIES, INC. 401(K) PLAN is $228

In 2022, the estimated average employee contribution amount per participant for VARRA COMPANIES, INC. 401(K) PLAN is $348

In 2022, the estimated average employer match for an employee in VARRA COMPANIES, INC. 401(K) PLAN is approximately $5

In 2022, VARRA COMPANIES, INC. 401(K) PLAN allocates $610 to match its employees’ contributions, providing an employer match rate of 1.47% of their contributions

In 2022, the total retirement plan asset growth rate of VARRA COMPANIES, INC. 401(K) PLAN is -96.15%

In 2022, the estimated aggregate retirement account investment gain/loss for VARRA COMPANIES, INC. 401(K) PLAN is -25.35%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of VARRA COMPANIES, INC. 401(K) PLAN is 32.58%.

Enrollment Features

VARRA COMPANIES, INC. 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.