ANDERSON COLUMBIA CO., INC. 401(K) SALARY REDUCTION PLAN

At the end of 2022, the total retirement plan assets of ANDERSON COLUMBIA CO., INC. 401(K) SALARY REDUCTION PLAN is $29,446,861.This plan was established in 1978.

At the end of 2022, the total number of retirement plan participants in ANDERSON COLUMBIA CO., INC. 401(K) SALARY REDUCTION PLAN is 1356

In 2022, the average participant retirement account value for ANDERSON COLUMBIA CO., INC. 401(K) SALARY REDUCTION PLAN is $21,715

In 2022, the estimated average employee contribution amount per participant for ANDERSON COLUMBIA CO., INC. 401(K) SALARY REDUCTION PLAN is $1,974

In 2022, the estimated average employer match for an employee in ANDERSON COLUMBIA CO., INC. 401(K) SALARY REDUCTION PLAN is approximately $922

In 2022, ANDERSON COLUMBIA CO., INC. 401(K) SALARY REDUCTION PLAN allocates $1,250,582 to match its employees’ contributions, providing an employer match rate of 49.48% of their contributions

In 2022, the total retirement plan asset growth rate of ANDERSON COLUMBIA CO., INC. 401(K) SALARY REDUCTION PLAN is -13.16%

In 2022, the estimated aggregate retirement account investment gain/loss for ANDERSON COLUMBIA CO., INC. 401(K) SALARY REDUCTION PLAN is -15.10%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ANDERSON COLUMBIA CO., INC. 401(K) SALARY REDUCTION PLAN is 0.75%.

Enrollment Features

ANDERSON COLUMBIA CO., INC. 401(K) SALARY REDUCTION 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.