ACUITY BRANDS, INC. 401(K) PLAN
Overview
Plan Contact
- Address: 1170 PEACHTREE STREET, N.E.,,ATLANTA,GA
- Contact person: PENNY MCBURNETT
- Phone: (404) 853-1400
Plan General Information
At the end of 2022, the total retirement plan assets of ACUITY BRANDS, INC. 401(K) PLAN is $391,999,440.This plan was established in 1963.
At the end of 2022, the total number of retirement plan participants in ACUITY BRANDS, INC. 401(K) PLAN is 3088
In 2022, the average participant retirement account value for ACUITY BRANDS, INC. 401(K) PLAN is $126,942
In 2022, the estimated average employee contribution amount per participant for ACUITY BRANDS, INC. 401(K) PLAN is $7,183
In 2022, the estimated average employer match for an employee in ACUITY BRANDS, INC. 401(K) PLAN is approximately $2,895
In 2022, ACUITY BRANDS, INC. 401(K) PLAN allocates $8,939,980 to match its employees’ contributions, providing an employer match rate of 40.83% of their contributions
In 2022, the total retirement plan asset growth rate of ACUITY BRANDS, INC. 401(K) PLAN is -15.31%
In 2022, the estimated aggregate retirement account investment gain/loss for ACUITY BRANDS, INC. 401(K) PLAN is -16.53%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ACUITY BRANDS, INC. 401(K) PLAN is 0.08%.
Enrollment Features
ACUITY BRANDS, 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.
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.