VERONA OIL CO., INC. 401(K) PLAN

Plan Contact

  • Address: 75 HIGHLAND AVENUE,ROSCOE,NY
  • Contact person: F.R. VERONA
  • Phone: (607) 498-4141

Plan General Information

VERONA OIL CO., INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2013, the total retirement plan assets of VERONA OIL CO., INC. 401(K) PLAN is $492,523.00.This plan was established in 1999.

VERONA OIL CO., INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2013, the total number of retirement plan participants in VERONA OIL CO., INC. 401(K) PLAN is 191

VERONA OIL CO., INC. 401(K) PLAN Average Participant Retirement Account Value

In 2013, the average participant retirement account value for VERONA OIL CO., INC. 401(K) PLAN is $2,578.00

VERONA OIL CO., INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2013, the estimated average employee contribution amount per participant for VERONA OIL CO., INC. 401(K) PLAN is $5.00.

VERONA OIL CO., INC. 401(K) PLAN Estimated Average Employer Match

In 2013, the estimated average employer match for an employee in VERONA OIL CO., INC. 401(K) PLAN is approximately $30.00
Investing in this additonal $30.00 for 20 years would give you extra $1,939.00, assuming a 10% annual return.

VERONA OIL CO., INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2013, VERONA OIL CO., INC. 401(K) PLAN allocates $5,787.00 to match its employees' contributions, providing an employer match rate of 1121.51% of their contributions

VERONA OIL CO., INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2013, the total retirement plan asset growth rate of VERONA OIL CO., INC. 401(K) PLAN is 20.95%.

VERONA OIL CO., INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2013, the estimated aggregate retirement account investment gain/loss for VERONA OIL CO., INC. 401(K) PLAN is 19.55%. This measures the effectiveness of the plan participants' investments in the year.

VERONA OIL CO., INC. 401(K) PLAN Expense Ratio

In 2013, the investment and administrative expense ratio of VERONA OIL CO., INC. 401(K) PLAN is 0.01%.

Enrollment Features

VERONA OIL CO., INC. 401(K) 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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