ACME TOOLS 401(K) PLAN
Overview
Plan Contact
- Address: 1603 12TH AVENUE NORTH,GRAND FORKS,ND
- Contact person: SCOTT FOYT
- Phone: (701) 335-4806
Plan General Information
At the end of 2022, the total retirement plan assets of ACME TOOLS 401(K) PLAN is $27,467,828.This plan was established in 1990.
At the end of 2022, the total number of retirement plan participants in ACME TOOLS 401(K) PLAN is 541
In 2022, the average participant retirement account value for ACME TOOLS 401(K) PLAN is $50,772
In 2022, the estimated average employee contribution amount per participant for ACME TOOLS 401(K) PLAN is $2,992
In 2022, the estimated average employer match for an employee in ACME TOOLS 401(K) PLAN is approximately $1,065
In 2022, ACME TOOLS 401(K) PLAN allocates $576,559 to match its employees’ contributions, providing an employer match rate of 35.84% of their contributions
In 2022, the total retirement plan asset growth rate of ACME TOOLS 401(K) PLAN is -17.97%
In 2022, the estimated aggregate retirement account investment gain/loss for ACME TOOLS 401(K) PLAN is -16.16%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ACME TOOLS 401(K) PLAN is 0.26%.
Enrollment Features
ACME TOOLS 401(K) 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.