VISBY MEDICAL, INC. 401(K) P/S PLAN

  • Address: 3010 N 1ST ST,SAN JOSE,CA
  • Contact person: PATRICE WILLIAMS
  • Phone: (408) 634-8051

VISBY MEDICAL, INC. 401(K) P/S 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.

At the end of 2022, the total retirement plan assets of VISBY MEDICAL, INC. 401(K) P/S PLAN is $8,771,086.00.This plan was established in 2014.

At the end of 2022, the total number of retirement plan participants in VISBY MEDICAL, INC. 401(K) P/S PLAN is 627

In 2022, the average participant retirement account value for VISBY MEDICAL, INC. 401(K) P/S PLAN is $13,988.00

In 2022, the estimated average employee contribution amount per participant for VISBY MEDICAL, INC. 401(K) P/S PLAN is $9,052.00

In 2022, the estimated average employer match for an employee in VISBY MEDICAL, INC. 401(K) P/S PLAN is approximately $1,599.00

In 2022, VISBY MEDICAL, INC. 401(K) P/S PLAN allocates $1,002,582.00 to match its employees' contributions, providing an employer match rate of 35.33% of their contributions

In 2022, the total retirement plan asset growth rate of VISBY MEDICAL, INC. 401(K) P/S PLAN is 20.94%

In 2022, the estimated aggregate retirement account investment gain/loss for VISBY MEDICAL, INC. 401(K) P/S PLAN is -16.71%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of VISBY MEDICAL, INC. 401(K) P/S PLAN is 0.48%.

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