ACORN STAIRLIFTS, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of ACORN STAIRLIFTS, INC. 401(K) PLAN is $12,403,916.This plan was established in 2008.

At the end of 2022, the total number of retirement plan participants in ACORN STAIRLIFTS, INC. 401(K) PLAN is 531

In 2022, the average participant retirement account value for ACORN STAIRLIFTS, INC. 401(K) PLAN is $23,359

In 2022, the estimated average employee contribution amount per participant for ACORN STAIRLIFTS, INC. 401(K) PLAN is $3,017

In 2022, the estimated average employer match for an employee in ACORN STAIRLIFTS, INC. 401(K) PLAN is approximately $1,226

In 2022, ACORN STAIRLIFTS, INC. 401(K) PLAN allocates $651,456 to match its employees’ contributions, providing an employer match rate of 37.68% of their contributions

In 2022, the total retirement plan asset growth rate of ACORN STAIRLIFTS, INC. 401(K) PLAN is -5.40%

In 2022, the estimated aggregate retirement account investment gain/loss for ACORN STAIRLIFTS, INC. 401(K) PLAN is -14.93%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ACORN STAIRLIFTS, INC. 401(K) PLAN is 0.30%.

Enrollment Features

ACORN STAIRLIFTS, 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.