AAC INC. 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of AAC INC. 401(K) PROFIT SHARING PLAN is $16,927,605.This plan was established in 1999.

At the end of 2022, the total number of retirement plan participants in AAC INC. 401(K) PROFIT SHARING PLAN is 168

In 2022, the average participant retirement account value for AAC INC. 401(K) PROFIT SHARING PLAN is $100,759

In 2022, the estimated average employee contribution amount per participant for AAC INC. 401(K) PROFIT SHARING PLAN is $3,151

In 2022, the estimated average employer match for an employee in AAC INC. 401(K) PROFIT SHARING PLAN is approximately $575

In 2022, AAC INC. 401(K) PROFIT SHARING PLAN allocates $96,603 to match its employees’ contributions, providing an employer match rate of 17.07% of their contributions

In 2022, the total retirement plan asset growth rate of AAC INC. 401(K) PROFIT SHARING PLAN is -22.92%

In 2022, the estimated aggregate retirement account investment gain/loss for AAC INC. 401(K) PROFIT SHARING PLAN is -16.72%. 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) PROFIT SHARING PLAN is 0.52%.

Enrollment Features

AAC 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.