ACTORS’ FUND OF AMERICA 401(K) PLAN

Overview

Plan Contact

  • Address: 729 7TH AVENUE,NEW YORK,NY
  • Contact person: THOMAS BORCHARD
  • Phone: (212) 221-7300

Plan General Information


At the end of 2022, the total retirement plan assets of ACTORS’ FUND OF AMERICA 401(K) PLAN is $26,575,599.This plan was established in 2010.

At the end of 2022, the total number of retirement plan participants in ACTORS’ FUND OF AMERICA 401(K) PLAN is 345

In 2022, the average participant retirement account value for ACTORS’ FUND OF AMERICA 401(K) PLAN is $77,030

In 2022, the estimated average employee contribution amount per participant for ACTORS’ FUND OF AMERICA 401(K) PLAN is $3,613

In 2022, the estimated average employer match for an employee in ACTORS’ FUND OF AMERICA 401(K) PLAN is approximately $3,167

In 2022, ACTORS’ FUND OF AMERICA 401(K) PLAN allocates $1,092,717 to match its employees’ contributions, providing an employer match rate of 87.78% of their contributions

In 2022, the total retirement plan asset growth rate of ACTORS’ FUND OF AMERICA 401(K) PLAN is -13.24%

In 2022, the estimated aggregate retirement account investment gain/loss for ACTORS’ FUND OF AMERICA 401(K) PLAN is -15.85%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ACTORS’ FUND OF AMERICA 401(K) PLAN is 0.02%.

Enrollment Features

ACTORS’ FUND OF AMERICA 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.