VALLEY TELEPHONE COOP. 401(K) RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of VALLEY TELEPHONE COOP. 401(K) RETIREMENT PLAN is $11,360,941.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in VALLEY TELEPHONE COOP. 401(K) RETIREMENT PLAN is 216

In 2022, the average participant retirement account value for VALLEY TELEPHONE COOP. 401(K) RETIREMENT PLAN is $52,596

In 2022, the estimated average employee contribution amount per participant for VALLEY TELEPHONE COOP. 401(K) RETIREMENT PLAN is $4,092

In 2022, the estimated average employer match for an employee in VALLEY TELEPHONE COOP. 401(K) RETIREMENT PLAN is approximately $3,678

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 total retirement plan asset growth rate of VALLEY TELEPHONE COOP. 401(K) RETIREMENT PLAN is -5.88%

In 2022, the estimated aggregate retirement account investment gain/loss for VALLEY TELEPHONE COOP. 401(K) RETIREMENT PLAN is -14.45%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of VALLEY TELEPHONE COOP. 401(K) RETIREMENT PLAN is 0.24%.

Enrollment Features

VALLEY TELEPHONE COOP. 401(K) RETIREMENT 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.