ACI 401K PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: 2420 SWEET HOME ROAD,,AMHERST,NY
  • Contact person: DEB PROULX
  • Phone: (716) 418-7177

Plan General Information


At the end of 2022, the total retirement plan assets of ACI 401K PROFIT SHARING PLAN is $4,574,308.This plan was established in 2005.

At the end of 2022, the total number of retirement plan participants in ACI 401K PROFIT SHARING PLAN is 155

In 2022, the average participant retirement account value for ACI 401K PROFIT SHARING PLAN is $29,511

In 2022, the estimated average employee contribution amount per participant for ACI 401K PROFIT SHARING PLAN is $2,220

In 2022, the estimated average employer match for an employee in ACI 401K PROFIT SHARING PLAN is approximately $664

In 2022, ACI 401K PROFIT SHARING PLAN allocates $103,066 to match its employees’ contributions, providing an employer match rate of 24.69% of their contributions

In 2022, the total retirement plan asset growth rate of ACI 401K PROFIT SHARING PLAN is -12.26%

In 2022, the estimated aggregate retirement account investment gain/loss for ACI 401K PROFIT SHARING PLAN is -16.34%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ACI 401K PROFIT SHARING PLAN is 0.23%.

Enrollment Features

ACI 401K PROFIT SHARING 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.