VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST
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Plan General Information
VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST is $3,084,836.00.This plan was established in 2020.
VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST is 247
VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST Average Participant Retirement Account Value
In 2023, the average participant retirement account value for VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST is $12,489.00
VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST is $9,685.00.
VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST is approximately $2,278.00
Investing in this additonal $2,278.00 for 20 years would give you extra $145,846.00, assuming a 10% annual return.
Investing in this additonal $2,278.00 for 20 years would give you extra $145,846.00, assuming a 10% annual return.
VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST Total Employer Contribution and Match Rate
In 2023, VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST allocates $562,878.00 to match its employees' contributions, providing an employer match rate of 47.06% of their contributions
VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST is 66.23%.
VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST is 18.87%. This measures the effectiveness of the plan participants' investments in the year.
VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST Expense Ratio
In 2023, the investment and administrative expense ratio of VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST is 1.06%.
Enrollment Features
VINFAST AUTO LLC 401(K) PROFIT SHARING PLAN & TRUST 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.
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