VAUGHAN & BUSHNELL EMPLOYEES’ PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of VAUGHAN & BUSHNELL EMPLOYEES’ PROFIT SHARING PLAN is $8,424,382.This plan was established in 1956.

At the end of 2022, the total number of retirement plan participants in VAUGHAN & BUSHNELL EMPLOYEES’ PROFIT SHARING PLAN is 264

In 2022, the average participant retirement account value for VAUGHAN & BUSHNELL EMPLOYEES’ PROFIT SHARING PLAN is $31,910

In 2022, the estimated average employee contribution amount per participant for VAUGHAN & BUSHNELL EMPLOYEES’ PROFIT SHARING PLAN is $1,743

In 2022, the estimated average employer match for an employee in VAUGHAN & BUSHNELL EMPLOYEES’ PROFIT SHARING PLAN is approximately $2

In 2022, VAUGHAN & BUSHNELL EMPLOYEES’ PROFIT SHARING PLAN allocates $540 to match its employees’ contributions, providing an employer match rate of 0.11% of their contributions

In 2022, the total retirement plan asset growth rate of VAUGHAN & BUSHNELL EMPLOYEES’ PROFIT SHARING PLAN is -19.81%

In 2022, the estimated aggregate retirement account investment gain/loss for VAUGHAN & BUSHNELL EMPLOYEES’ PROFIT SHARING PLAN is -16.34%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of VAUGHAN & BUSHNELL EMPLOYEES’ PROFIT SHARING PLAN is 0.70%.

Enrollment Features

VAUGHAN & BUSHNELL EMPLOYEES’ PROFIT SHARING 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.