JA USA 401(K) PLAN

At the end of 2022, the total retirement plan assets of JA USA 401(K) PLAN is $24,326,701.This plan was established in 2019.

At the end of 2022, the total number of retirement plan participants in JA USA 401(K) PLAN is 1043

In 2022, the average participant retirement account value for JA USA 401(K) PLAN is $23,323

In 2022, the estimated average employee contribution amount per participant for JA USA 401(K) PLAN is $3,807

In 2022, the estimated average employer match for an employee in JA USA 401(K) PLAN is approximately $1,781

In 2022, JA USA 401(K) PLAN allocates $1,858,310 to match its employees’ contributions, providing an employer match rate of 49.42% of their contributions

In 2022, the total retirement plan asset growth rate of JA USA 401(K) PLAN is -4.82%

In 2022, the estimated aggregate retirement account investment gain/loss for JA USA 401(K) PLAN is -13.64%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of JA USA 401(K) PLAN is 0.81%.

Enrollment Features

JA USA 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.