AXCET HR SOLUTIONS M/E 401(K) RETIREMENT PLAN

Plan Contact

  • Address: 10975 GRANDVIEW DRIVE, SUITE 200,OVERLAND PARK,KS
  • Contact person: JEANETTE COLEMAN
  • Phone: (800) 543-4015

Plan General Information

AXCET HR SOLUTIONS M/E 401(K) RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of AXCET HR SOLUTIONS M/E 401(K) RETIREMENT PLAN is $86,499,239.00.This plan was established in 1996.

AXCET HR SOLUTIONS M/E 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in AXCET HR SOLUTIONS M/E 401(K) RETIREMENT PLAN is 2955

AXCET HR SOLUTIONS M/E 401(K) RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for AXCET HR SOLUTIONS M/E 401(K) RETIREMENT PLAN is $29,272.00

AXCET HR SOLUTIONS M/E 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for AXCET HR SOLUTIONS M/E 401(K) RETIREMENT PLAN is $1,653.00.

AXCET HR SOLUTIONS M/E 401(K) RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in AXCET HR SOLUTIONS M/E 401(K) RETIREMENT PLAN is approximately $1,188.00
Investing in this additonal $1,188.00 for 20 years would give you extra $76,049.00, assuming a 10% annual return.

AXCET HR SOLUTIONS M/E 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, AXCET HR SOLUTIONS M/E 401(K) RETIREMENT PLAN allocates $3,511,355.00 to match its employees' contributions, providing an employer match rate of 62.07% of their contributions

AXCET HR SOLUTIONS M/E 401(K) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of AXCET HR SOLUTIONS M/E 401(K) RETIREMENT PLAN is 26.79%.

AXCET HR SOLUTIONS M/E 401(K) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for AXCET HR SOLUTIONS M/E 401(K) RETIREMENT PLAN is 20.14%. This measures the effectiveness of the plan participants' investments in the year.

AXCET HR SOLUTIONS M/E 401(K) RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of AXCET HR SOLUTIONS M/E 401(K) RETIREMENT PLAN is 0.66%.

Enrollment Features

AXCET HR SOLUTIONS M/E 401(K) RETIREMENT 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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