ACI PLASTICS, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 2945 DAVISON RD,FLINT,MI
  • Contact person: JENNIFER DICE
  • Phone: (810) 767-3800

Plan General Information


At the end of 2022, the total retirement plan assets of ACI PLASTICS, INC. 401(K) PLAN is $2,631,259.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in ACI PLASTICS, INC. 401(K) PLAN is 150

In 2022, the average participant retirement account value for ACI PLASTICS, INC. 401(K) PLAN is $17,541

In 2022, the estimated average employee contribution amount per participant for ACI PLASTICS, INC. 401(K) PLAN is $1,637

In 2022, the estimated average employer match for an employee in ACI PLASTICS, INC. 401(K) PLAN is approximately $537

In 2022, ACI PLASTICS, INC. 401(K) PLAN allocates $80,694 to match its employees’ contributions, providing an employer match rate of 34.22% of their contributions

In 2022, the total retirement plan asset growth rate of ACI PLASTICS, INC. 401(K) PLAN is -15.58%

In 2022, the estimated aggregate retirement account investment gain/loss for ACI PLASTICS, INC. 401(K) PLAN is -13.28%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ACI PLASTICS, INC. 401(K) PLAN is 0.70%.

Enrollment Features

ACI PLASTICS, INC. 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.