ACEABLE 401(K) PLAN

Overview

Plan Contact

  • Address: 610 W 5TH STREET SUITE 603,AUSTIN,TX
  • Contact person: NANCY SPENCER
  • Phone: (760) 692-3272

Plan General Information


At the end of 2022, the total retirement plan assets of ACEABLE 401(K) PLAN is $4,143,480.This plan was established in 2016.

At the end of 2022, the total number of retirement plan participants in ACEABLE 401(K) PLAN is 450

In 2022, the average participant retirement account value for ACEABLE 401(K) PLAN is $9,207

In 2022, the estimated average employee contribution amount per participant for ACEABLE 401(K) PLAN is $2,607

In 2022, the estimated average employer match for an employee in ACEABLE 401(K) PLAN is approximately $728

In 2022, ACEABLE 401(K) PLAN allocates $327,740 to match its employees’ contributions, providing an employer match rate of 28.66% of their contributions

In 2022, the total retirement plan asset growth rate of ACEABLE 401(K) PLAN is 7.03%

In 2022, the estimated aggregate retirement account investment gain/loss for ACEABLE 401(K) PLAN is -6.67%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ACEABLE 401(K) PLAN is 1.11%.

Enrollment Features

ACEABLE 401(K) 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.