AACER FLOORING 401(K) PROFIT SHARING PLAN

At the end of 2021, the total retirement plan assets of AACER FLOORING 401(K) PROFIT SHARING PLAN is $1,579,528.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in AACER FLOORING 401(K) PROFIT SHARING PLAN is 180

In 2021, the average participant retirement account value for AACER FLOORING 401(K) PROFIT SHARING PLAN is $8,775

In 2021, the estimated average employee contribution amount per participant for AACER FLOORING 401(K) PROFIT SHARING PLAN is $1,268

In 2021, the estimated average employer match for an employee in AACER FLOORING 401(K) PROFIT SHARING PLAN is approximately $137

In 2021, AACER FLOORING 401(K) PROFIT SHARING PLAN allocates $24,829 to match its employees’ contributions, providing an employer match rate of 10.88% of their contributions

In 2021, the total retirement plan asset growth rate of AACER FLOORING 401(K) PROFIT SHARING PLAN is 24.19%

In 2021, the estimated aggregate retirement account investment gain/loss for AACER FLOORING 401(K) PROFIT SHARING PLAN is 14.13%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of AACER FLOORING 401(K) PROFIT SHARING PLAN is 1.12%.

Enrollment Features

AACER FLOORING 401(K) PROFIT SHARING PLAN 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.