ACRO SERVICE CORP. 401(K) PLAN

Plan Contact

  • Address: 39209 W. SIX MILE RD.,,LIVONIA,MI
  • Contact person: SHARON DOWNEY
  • Phone: (734) 591-1100

Plan General Information

ACRO SERVICE CORP. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of ACRO SERVICE CORP. 401(K) PLAN is $12,199,117.00.This plan was established in 1985.

ACRO SERVICE CORP. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in ACRO SERVICE CORP. 401(K) PLAN is 1184

ACRO SERVICE CORP. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for ACRO SERVICE CORP. 401(K) PLAN is $10,303.00

ACRO SERVICE CORP. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for ACRO SERVICE CORP. 401(K) PLAN is $1,495.00.

ACRO SERVICE CORP. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in ACRO SERVICE CORP. 401(K) PLAN is approximately $88.00
Investing in this additonal $88.00 for 20 years would give you extra $5,633.00, assuming a 10% annual return.

ACRO SERVICE CORP. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, ACRO SERVICE CORP. 401(K) PLAN allocates $104,217.00 to match its employees' contributions, providing an employer match rate of 6.01% of their contributions

ACRO SERVICE CORP. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of ACRO SERVICE CORP. 401(K) PLAN is 36.02%.

ACRO SERVICE CORP. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for ACRO SERVICE CORP. 401(K) PLAN is 15.34%. This measures the effectiveness of the plan participants' investments in the year.

ACRO SERVICE CORP. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of ACRO SERVICE CORP. 401(K) PLAN is 0.44%.

Enrollment Features

ACRO SERVICE CORP. 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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