JACK DEMMER FORD, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of JACK DEMMER FORD, INC. 401(K) PLAN is $19,307,772.This plan was established in 1998.

At the end of 2022, the total number of retirement plan participants in JACK DEMMER FORD, INC. 401(K) PLAN is 203

In 2022, the average participant retirement account value for JACK DEMMER FORD, INC. 401(K) PLAN is $95,112

In 2022, the estimated average employee contribution amount per participant for JACK DEMMER FORD, INC. 401(K) PLAN is $5,738

In 2022, the estimated average employer match for an employee in JACK DEMMER FORD, INC. 401(K) PLAN is approximately $653

In 2022, JACK DEMMER FORD, INC. 401(K) PLAN allocates $132,619 to match its employees’ contributions, providing an employer match rate of 11.30% of their contributions

In 2022, the total retirement plan asset growth rate of JACK DEMMER FORD, INC. 401(K) PLAN is -15.59%

In 2022, the estimated aggregate retirement account investment gain/loss for JACK DEMMER FORD, INC. 401(K) PLAN is -14.34%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of JACK DEMMER FORD, INC. 401(K) PLAN is 0.03%.

Enrollment Features

JACK DEMMER FORD, INC. 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.