ACE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of ACE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is $12,684,506.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in ACE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is 329

In 2022, the average participant retirement account value for ACE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is $38,554

In 2022, the estimated average employee contribution amount per participant for ACE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is $2,810

In 2022, the estimated average employer match for an employee in ACE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is approximately $741

In 2022, ACE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN allocates $244,042 to match its employees’ contributions, providing an employer match rate of 26.23% of their contributions

In 2022, the total retirement plan asset growth rate of ACE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is -13.59%

In 2022, the estimated aggregate retirement account investment gain/loss for ACE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is -15.96%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ACE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is 0.81%.

Enrollment Features

ACE INDUSTRIES, 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.