VAN EERDEN SAVINGS AND RETIREMENT PLAN

  • Address: 650 IONIA STREET,GRAND RAPIDS,MI
  • Contact person: JAMES LUYK
  • Phone: (616) 475-7409

VAN EERDEN SAVINGS AND 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.

At the end of 2022, the total retirement plan assets of VAN EERDEN SAVINGS AND RETIREMENT PLAN is $28,032,088.00.This plan was established in 1981.

At the end of 2022, the total number of retirement plan participants in VAN EERDEN SAVINGS AND RETIREMENT PLAN is 660

In 2022, the average participant retirement account value for VAN EERDEN SAVINGS AND RETIREMENT PLAN is $42,472.00

In 2022, the estimated average employee contribution amount per participant for VAN EERDEN SAVINGS AND RETIREMENT PLAN is $4,008.00

In 2022, the estimated average employer match for an employee in VAN EERDEN SAVINGS AND RETIREMENT PLAN is approximately $1,317.00

In 2022, VAN EERDEN SAVINGS AND RETIREMENT PLAN allocates $869,286.00 to match its employees' contributions, providing an employer match rate of 33.24% of their contributions

In 2022, the total retirement plan asset growth rate of VAN EERDEN SAVINGS AND RETIREMENT PLAN is -12.60%

In 2022, the estimated aggregate retirement account investment gain/loss for VAN EERDEN SAVINGS AND RETIREMENT PLAN is -16.98%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of VAN EERDEN SAVINGS AND RETIREMENT PLAN is 0.19%.

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