ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. 401(K) PLAN

Plan Contact

  • Address: 8584 VIRGINIA MEADOWS DR,MANASSAS,VA
  • Contact person: AMY KUHLS
  • Phone: (571) 292-5069

Plan General Information

ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. 401(K) PLAN is $4,330,970.00.This plan was established in 1999.

ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. 401(K) PLAN is 149

ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. 401(K) PLAN is $29,066.00

ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. 401(K) PLAN is $2,064.00.

ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. 401(K) PLAN is approximately $1,145.00
Investing in this additonal $1,145.00 for 20 years would give you extra $73,313.00, assuming a 10% annual return.

ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. 401(K) PLAN allocates $170,683.00 to match its employees' contributions, providing an employer match rate of 53.33% of their contributions

ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. 401(K) PLAN is 20.45%.

ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. 401(K) PLAN is 14.25%. This measures the effectiveness of the plan participants' investments in the year.

ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. 401(K) PLAN is 0.66%.

Enrollment Features

ACME MECHANICAL CONTRACTORS OF VIRGINIA, INC. 401(K) 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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