VALLEY TELEPHONE COOP. 401(K) RETIREMENT PLAN
Employer Match
An employer match is deemed as ‘free’ money wherein your employer contributes additional funds to your allocated retirement savings plan. The matching amount can frequently be several percentage points of your compensation. Don’t avoid this free salary ‘raise’.
In 2022, VALLEY TELEPHONE COOP. 401(K) RETIREMENT PLAN allocates $794,524 to match its employees’ contributions, providing an employer match rate of 88.26% of their contributions
In 2022, the estimated average employer match for an employee in VALLEY TELEPHONE COOP. 401(K) RETIREMENT PLAN is approximately $3,678