AAC, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of AAC, INC. 401(K) PLAN is $35,855,092.This plan was established in 2009.

At the end of 2022, the total number of retirement plan participants in AAC, INC. 401(K) PLAN is 2434

In 2022, the average participant retirement account value for AAC, INC. 401(K) PLAN is $14,730

In 2022, the estimated average employee contribution amount per participant for AAC, INC. 401(K) PLAN is $1,736

In 2022, the estimated average employer match for an employee in AAC, INC. 401(K) PLAN is approximately $589

In 2022, AAC, INC. 401(K) PLAN allocates $1,435,783 to match its employees’ contributions, providing an employer match rate of 34.13% of their contributions

In 2022, the total retirement plan asset growth rate of AAC, INC. 401(K) PLAN is -12.00%

In 2022, the estimated aggregate retirement account investment gain/loss for AAC, INC. 401(K) PLAN is -17.73%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AAC, INC. 401(K) PLAN is 0.33%.

Enrollment Features

AAC, 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.