VS ENGINEERING, INC. 401(K) PLAN
Overview
Plan Contact
- Address: 4275 NORTH HIGHSCHOOL ROAD,INDIANAPOLIS,IN
- Contact person: RICHARD PIERCE
- Phone: (317) 293-3542
Plan General Information
At the end of 2022, the total retirement plan assets of VS ENGINEERING, INC. 401(K) PLAN is $11,876,270.This plan was established in 1998.
At the end of 2022, the total number of retirement plan participants in VS ENGINEERING, INC. 401(K) PLAN is 151
In 2022, the average participant retirement account value for VS ENGINEERING, INC. 401(K) PLAN is $78,650
In 2022, the estimated average employee contribution amount per participant for VS ENGINEERING, INC. 401(K) PLAN is $9,805
In 2022, the estimated average employer match for an employee in VS ENGINEERING, INC. 401(K) PLAN is approximately $4,968
In 2022, VS ENGINEERING, INC. 401(K) PLAN allocates $750,280 to match its employees’ contributions, providing an employer match rate of 101.34% of their contributions
In 2022, the total retirement plan asset growth rate of VS ENGINEERING, INC. 401(K) PLAN is -10.34%
In 2022, the estimated aggregate retirement account investment gain/loss for VS ENGINEERING, INC. 401(K) PLAN is -14.50%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of VS ENGINEERING, INC. 401(K) PLAN is 0.02%.
Enrollment Features
VS ENGINEERING, 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.