401(K) PLAN FOR EMPLOYEES OF JRI
Overview
Plan Contact
- Address: 160 GOULD STREET, SUITE 300,NEEDHAM,MA
- Contact person: MARK SCHUEPPERT
- Phone: (617) 450-0500
Plan General Information
At the end of 2022, the total retirement plan assets of 401(K) PLAN FOR EMPLOYEES OF JRI is $44,013,836.This plan was established in 1997.
At the end of 2022, the total number of retirement plan participants in 401(K) PLAN FOR EMPLOYEES OF JRI is 3698
In 2022, the average participant retirement account value for 401(K) PLAN FOR EMPLOYEES OF JRI is $11,902
In 2022, the estimated average employee contribution amount per participant for 401(K) PLAN FOR EMPLOYEES OF JRI is $1,095
In 2022, the estimated average employer match for an employee in 401(K) PLAN FOR EMPLOYEES OF JRI is approximately $236
In 2022, 401(K) PLAN FOR EMPLOYEES OF JRI allocates $873,023 to match its employees’ contributions, providing an employer match rate of 21.38% of their contributions
In 2022, the total retirement plan asset growth rate of 401(K) PLAN FOR EMPLOYEES OF JRI is -14.83%
In 2022, the estimated aggregate retirement account investment gain/loss for 401(K) PLAN FOR EMPLOYEES OF JRI is -18.10%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of 401(K) PLAN FOR EMPLOYEES OF JRI is 0.21%.
Enrollment Features
401(K) PLAN FOR EMPLOYEES OF JRI has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.