ACUITY BRANDS LIGHTING, INC. 401(K) PLAN FOR HOURLY EMPLOYEES
Plan Contact
- Address: 1170 PEACHTREE STREET, N.E.,,ATLANTA,GA
- Contact person: PENNY MCBURNETT
- Phone: (404) 853-1400
Plan General Information
ACUITY BRANDS LIGHTING, INC. 401(K) PLAN FOR HOURLY EMPLOYEES Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of ACUITY BRANDS LIGHTING, INC. 401(K) PLAN FOR HOURLY EMPLOYEES is $14,813,668.00.This plan was established in 1999.
ACUITY BRANDS LIGHTING, INC. 401(K) PLAN FOR HOURLY EMPLOYEES Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in ACUITY BRANDS LIGHTING, INC. 401(K) PLAN FOR HOURLY EMPLOYEES is 1710
ACUITY BRANDS LIGHTING, INC. 401(K) PLAN FOR HOURLY EMPLOYEES Average Participant Retirement Account Value
In 2023, the average participant retirement account value for ACUITY BRANDS LIGHTING, INC. 401(K) PLAN FOR HOURLY EMPLOYEES is $8,662.00
ACUITY BRANDS LIGHTING, INC. 401(K) PLAN FOR HOURLY EMPLOYEES Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for ACUITY BRANDS LIGHTING, INC. 401(K) PLAN FOR HOURLY EMPLOYEES is $395.00.
ACUITY BRANDS LIGHTING, INC. 401(K) PLAN FOR HOURLY EMPLOYEES Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in ACUITY BRANDS LIGHTING, INC. 401(K) PLAN FOR HOURLY EMPLOYEES is approximately $118.00
Investing in this additonal $118.00 for 20 years would give you extra $7,591.00, assuming a 10% annual return.
Investing in this additonal $118.00 for 20 years would give you extra $7,591.00, assuming a 10% annual return.
ACUITY BRANDS LIGHTING, INC. 401(K) PLAN FOR HOURLY EMPLOYEES Total Employer Contribution and Match Rate
In 2023, ACUITY BRANDS LIGHTING, INC. 401(K) PLAN FOR HOURLY EMPLOYEES allocates $202,837.00 to match its employees' contributions, providing an employer match rate of 25.96% of their contributions
ACUITY BRANDS LIGHTING, INC. 401(K) PLAN FOR HOURLY EMPLOYEES Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of ACUITY BRANDS LIGHTING, INC. 401(K) PLAN FOR HOURLY EMPLOYEES is 13.14%.
ACUITY BRANDS LIGHTING, INC. 401(K) PLAN FOR HOURLY EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for ACUITY BRANDS LIGHTING, INC. 401(K) PLAN FOR HOURLY EMPLOYEES is 15.40%. This measures the effectiveness of the plan participants' investments in the year.
ACUITY BRANDS LIGHTING, INC. 401(K) PLAN FOR HOURLY EMPLOYEES Expense Ratio
In 2023, the investment and administrative expense ratio of ACUITY BRANDS LIGHTING, INC. 401(K) PLAN FOR HOURLY EMPLOYEES is 0.26%.
Enrollment Features
ACUITY BRANDS LIGHTING, INC. 401(K) PLAN FOR HOURLY EMPLOYEES 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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