VALLEY RIDGE FINANCIAL CORP. PROFIT-SHARING AND 401K PLAN

Plan Contact

  • Contact person: MICHAEL MCHUGH
  • Phone: (616) 678-5911

Plan General Information

VALLEY RIDGE FINANCIAL CORP. PROFIT-SHARING AND 401K PLAN Total Retirement Plan Assets

At the end of 2006, the total retirement plan assets of VALLEY RIDGE FINANCIAL CORP. PROFIT-SHARING AND 401K PLAN is $8,337,197.00.This plan was established in 2000.

VALLEY RIDGE FINANCIAL CORP. PROFIT-SHARING AND 401K PLAN Total Number of Retirement Plan Participants

At the end of 2006, the total number of retirement plan participants in VALLEY RIDGE FINANCIAL CORP. PROFIT-SHARING AND 401K PLAN is 108

VALLEY RIDGE FINANCIAL CORP. PROFIT-SHARING AND 401K PLAN Average Participant Retirement Account Value

In 2006, the average participant retirement account value for VALLEY RIDGE FINANCIAL CORP. PROFIT-SHARING AND 401K PLAN is $77,196.00

VALLEY RIDGE FINANCIAL CORP. PROFIT-SHARING AND 401K PLAN Estimated Average Employee Contribution Amount

In 2006, the estimated average employee contribution amount per participant for VALLEY RIDGE FINANCIAL CORP. PROFIT-SHARING AND 401K PLAN is $4,350.00.

VALLEY RIDGE FINANCIAL CORP. PROFIT-SHARING AND 401K PLAN Estimated Average Employer Match

In 2006, the estimated average employer match for an employee in VALLEY RIDGE FINANCIAL CORP. PROFIT-SHARING AND 401K PLAN is approximately $2,527.00
Investing in this additonal $2,527.00 for 20 years would give you extra $161,771.00, assuming a 10% annual return.

VALLEY RIDGE FINANCIAL CORP. PROFIT-SHARING AND 401K PLAN Total Employer Contribution and Match Rate

In 2006, VALLEY RIDGE FINANCIAL CORP. PROFIT-SHARING AND 401K PLAN allocates $272,989.00 to match its employees' contributions, providing an employer match rate of 116.20% of their contributions

VALLEY RIDGE FINANCIAL CORP. PROFIT-SHARING AND 401K PLAN Total Retirement Plan Asset Growth Rate

In 2006, the total retirement plan asset growth rate of VALLEY RIDGE FINANCIAL CORP. PROFIT-SHARING AND 401K PLAN is -15.37%.

VALLEY RIDGE FINANCIAL CORP. PROFIT-SHARING AND 401K PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2006, the estimated aggregate retirement account investment gain/loss for VALLEY RIDGE FINANCIAL CORP. PROFIT-SHARING AND 401K PLAN is 12.92%. This measures the effectiveness of the plan participants' investments in the year.

VALLEY RIDGE FINANCIAL CORP. PROFIT-SHARING AND 401K PLAN Expense Ratio

In 2006, the investment and administrative expense ratio of VALLEY RIDGE FINANCIAL CORP. PROFIT-SHARING AND 401K PLAN is 0.00%.

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