ACCOSYS, INC. 401(K) PROFIT SHARING PLAN
Overview
Plan Contact
- Address: 16355 S. LONE ELM RD.,OLATHE,KS
- Contact person: BRIAN HAMILTON
- Phone: (913) 829-1000
Plan General Information
At the end of 2022, the total retirement plan assets of ACCOSYS, INC. 401(K) PROFIT SHARING PLAN is $57,055,644.This plan was established in 1972.
At the end of 2022, the total number of retirement plan participants in ACCOSYS, INC. 401(K) PROFIT SHARING PLAN is 975
In 2022, the average participant retirement account value for ACCOSYS, INC. 401(K) PROFIT SHARING PLAN is $58,518
In 2022, the estimated average employee contribution amount per participant for ACCOSYS, INC. 401(K) PROFIT SHARING PLAN is $3,802
In 2022, the estimated average employer match for an employee in ACCOSYS, INC. 401(K) PROFIT SHARING PLAN is approximately $2,378
In 2022, ACCOSYS, INC. 401(K) PROFIT SHARING PLAN allocates $2,318,653 to match its employees’ contributions, providing an employer match rate of 63.68% of their contributions
In 2022, the total retirement plan asset growth rate of ACCOSYS, INC. 401(K) PROFIT SHARING PLAN is -13.36%
In 2022, the estimated aggregate retirement account investment gain/loss for ACCOSYS, INC. 401(K) PROFIT SHARING PLAN is -15.90%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ACCOSYS, INC. 401(K) PROFIT SHARING PLAN is 0.29%.
Enrollment Features
ACCOSYS, INC. 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.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.