QVI 401-K PLAN

  • Address: 850 HUDSON AVENUE,,ROCHESTER,NY
  • Contact person: DAVID FRANCATI
  • Phone: (585) 544-0450

QVI 401-K 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 QVI 401-K PLAN is $36,697,882.00.This plan was established in 1996.

At the end of 2022, the total number of retirement plan participants in QVI 401-K PLAN is 385

In 2022, the average participant retirement account value for QVI 401-K PLAN is $95,319.00

In 2022, the estimated average employee contribution amount per participant for QVI 401-K PLAN is $4,856.00

In 2022, the estimated average employer match for an employee in QVI 401-K PLAN is approximately $1,309.00

In 2022, QVI 401-K PLAN allocates $504,325.00 to match its employees' contributions, providing an employer match rate of 26.94% of their contributions

In 2022, the total retirement plan asset growth rate of QVI 401-K PLAN is -24.42%

In 2022, the estimated aggregate retirement account investment gain/loss for QVI 401-K PLAN is -21.14%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of QVI 401-K PLAN is 0.22%.

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