AC CORPORATION 401(K) EMPLOYEE SAVINGS AND PROTECTION PLAN

Plan Contact

  • Address: P.O. BOX 16367,GREENSBORO,NC
  • Contact person: JONATHAN BETHEL
  • Phone: (336) 273-4472

Plan General Information

AC CORPORATION 401(K) EMPLOYEE SAVINGS AND PROTECTION PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in AC CORPORATION 401(K) EMPLOYEE SAVINGS AND PROTECTION PLAN is 515

AC CORPORATION 401(K) EMPLOYEE SAVINGS AND PROTECTION PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for AC CORPORATION 401(K) EMPLOYEE SAVINGS AND PROTECTION PLAN is $4,440.00.

AC CORPORATION 401(K) EMPLOYEE SAVINGS AND PROTECTION PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in AC CORPORATION 401(K) EMPLOYEE SAVINGS AND PROTECTION PLAN is approximately $970.00
Investing in this additonal $970.00 for 20 years would give you extra $62,119.00, assuming a 10% annual return.

AC CORPORATION 401(K) EMPLOYEE SAVINGS AND PROTECTION PLAN Total Employer Contribution and Match Rate

In 2023, AC CORPORATION 401(K) EMPLOYEE SAVINGS AND PROTECTION PLAN allocates $499,869.00 to match its employees' contributions, providing an employer match rate of 22.34% of their contributions

Enrollment Features

AC CORPORATION 401(K) EMPLOYEE SAVINGS AND PROTECTION PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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