VALI 401(K) PLAN

At the end of 2022, the total retirement plan assets of VALI 401(K) PLAN is $10,690,861.This plan was established in 2007.

At the end of 2022, the total number of retirement plan participants in VALI 401(K) PLAN is 159

In 2022, the average participant retirement account value for VALI 401(K) PLAN is $67,238

In 2022, the estimated average employee contribution amount per participant for VALI 401(K) PLAN is $4,828

In 2022, the estimated average employer match for an employee in VALI 401(K) PLAN is approximately $3,035

In 2022, VALI 401(K) PLAN allocates $482,699 to match its employees’ contributions, providing an employer match rate of 68.47% of their contributions

In 2022, the total retirement plan asset growth rate of VALI 401(K) PLAN is 52.29%

In 2022, the estimated aggregate retirement account investment gain/loss for VALI 401(K) PLAN is 48.14%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of VALI 401(K) PLAN is 0.21%.

Enrollment Features

VALI 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.