VEADA INDUSTRIES, INC 401(K) PROFIT SHARING PLAN

Plan Contact

  • Address: 114 E. MARKET ST.,,WARSAW,IN
  • Contact person: ROBERT W STEURY
  • Phone: (574) 376-7000

Plan General Information

VEADA INDUSTRIES, INC 401(K) PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2020, the total retirement plan assets of VEADA INDUSTRIES, INC 401(K) PROFIT SHARING PLAN is $7,922,040.00.This plan was established in 1992.

VEADA INDUSTRIES, INC 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in VEADA INDUSTRIES, INC 401(K) PROFIT SHARING PLAN is 532

VEADA INDUSTRIES, INC 401(K) PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2020, the average participant retirement account value for VEADA INDUSTRIES, INC 401(K) PROFIT SHARING PLAN is $14,891.00

VEADA INDUSTRIES, INC 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for VEADA INDUSTRIES, INC 401(K) PROFIT SHARING PLAN is $2,327.00.

VEADA INDUSTRIES, INC 401(K) PROFIT SHARING PLAN Estimated Average Employer Match

In 2020, the estimated average employer match for an employee in VEADA INDUSTRIES, INC 401(K) PROFIT SHARING PLAN is approximately $328.00
Investing in this additonal $328.00 for 20 years would give you extra $21,020.00, assuming a 10% annual return.

VEADA INDUSTRIES, INC 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2020, VEADA INDUSTRIES, INC 401(K) PROFIT SHARING PLAN allocates $174,733.00 to match its employees' contributions, providing an employer match rate of 28.22% of their contributions

VEADA INDUSTRIES, INC 401(K) PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2020, the total retirement plan asset growth rate of VEADA INDUSTRIES, INC 401(K) PROFIT SHARING PLAN is 20.93%.

VEADA INDUSTRIES, INC 401(K) PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2020, the estimated aggregate retirement account investment gain/loss for VEADA INDUSTRIES, INC 401(K) PROFIT SHARING PLAN is 13.48%. This measures the effectiveness of the plan participants' investments in the year.

VEADA INDUSTRIES, INC 401(K) PROFIT SHARING PLAN Expense Ratio

In 2020, the investment and administrative expense ratio of VEADA INDUSTRIES, INC 401(K) PROFIT SHARING PLAN is 0.24%.

Enrollment Features

VEADA INDUSTRIES, INC 401(K) PROFIT SHARING PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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