ARC 401(K) PLAN

At the end of 2022, the total retirement plan assets of ARC 401(K) PLAN is $2,516,539.This plan was established in 2007.

At the end of 2022, the total number of retirement plan participants in ARC 401(K) PLAN is 259

In 2022, the average participant retirement account value for ARC 401(K) PLAN is $9,716

In 2022, the estimated average employee contribution amount per participant for ARC 401(K) PLAN is $832

In 2022, the estimated average employer match for an employee in ARC 401(K) PLAN is approximately $1,137

In 2022, ARC 401(K) PLAN allocates $294,627 to match its employees’ contributions, providing an employer match rate of 130.08% of their contributions

In 2022, the total retirement plan asset growth rate of ARC 401(K) PLAN is -6.96%

In 2022, the estimated aggregate retirement account investment gain/loss for ARC 401(K) PLAN is -15.86%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ARC 401(K) PLAN is 1.55%.

Enrollment Features

ARC 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.