ATLANTIC CARBON GROUP, INC. 401(K) PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: 100 HAZLEBROOK ROAD,HAZLETON,PA
  • Contact person: DAVID MCCARTHY
  • Phone: (570) 450-5086

Plan General Information


At the end of 2022, the total retirement plan assets of ATLANTIC CARBON GROUP, INC. 401(K) PROFIT SHARING PLAN is $1,403,999.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in ATLANTIC CARBON GROUP, INC. 401(K) PROFIT SHARING PLAN is 164

In 2022, the average participant retirement account value for ATLANTIC CARBON GROUP, INC. 401(K) PROFIT SHARING PLAN is $8,560

In 2022, the estimated average employee contribution amount per participant for ATLANTIC CARBON GROUP, INC. 401(K) PROFIT SHARING PLAN is $2,140

In 2022, the estimated average employer match for an employee in ATLANTIC CARBON GROUP, INC. 401(K) PROFIT SHARING PLAN is approximately $467

In 2022, ATLANTIC CARBON GROUP, INC. 401(K) PROFIT SHARING PLAN allocates $76,684 to match its employees’ contributions, providing an employer match rate of 22.53% of their contributions

In 2022, the total retirement plan asset growth rate of ATLANTIC CARBON GROUP, INC. 401(K) PROFIT SHARING PLAN is 6.88%

In 2022, the estimated aggregate retirement account investment gain/loss for ATLANTIC CARBON GROUP, INC. 401(K) PROFIT SHARING PLAN is -18.68%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ATLANTIC CARBON GROUP, INC. 401(K) PROFIT SHARING PLAN is 1.13%.

Enrollment Features

ATLANTIC CARBON GROUP, INC. 401(K) PROFIT SHARING PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.