ACEMCO SAVINGS & INVESTMENT PLAN

At the end of 2022, the total retirement plan assets of ACEMCO SAVINGS & INVESTMENT PLAN is $4,702,865.This plan was established in 1972.

At the end of 2022, the total number of retirement plan participants in ACEMCO SAVINGS & INVESTMENT PLAN is 196

In 2022, the average participant retirement account value for ACEMCO SAVINGS & INVESTMENT PLAN is $23,994

In 2022, the estimated average employee contribution amount per participant for ACEMCO SAVINGS & INVESTMENT PLAN is $2,728

In 2022, the estimated average employer match for an employee in ACEMCO SAVINGS & INVESTMENT PLAN is approximately $752

In 2022, ACEMCO SAVINGS & INVESTMENT PLAN allocates $147,508 to match its employees’ contributions, providing an employer match rate of 28.16% of their contributions

In 2022, the total retirement plan asset growth rate of ACEMCO SAVINGS & INVESTMENT PLAN is -11.08%

In 2022, the estimated aggregate retirement account investment gain/loss for ACEMCO SAVINGS & INVESTMENT PLAN is -16.87%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ACEMCO SAVINGS & INVESTMENT PLAN is 0.79%.

Enrollment Features

ACEMCO SAVINGS & INVESTMENT 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.