JACKSON FURNITURE INDUSTRIES, INC RETIREMENT PLAN

Overview

Plan Contact

  • Address: 1910 KING EDWARD AVENUE,CLEVELAND,TN
  • Contact person: ANDREA MULLINS
  • Phone: (423) 961-7222

Plan General Information


At the end of 2022, the total retirement plan assets of JACKSON FURNITURE INDUSTRIES, INC RETIREMENT PLAN is $4,276,803.This plan was established in 1999.

At the end of 2022, the total number of retirement plan participants in JACKSON FURNITURE INDUSTRIES, INC RETIREMENT PLAN is 1096

In 2022, the average participant retirement account value for JACKSON FURNITURE INDUSTRIES, INC RETIREMENT PLAN is $3,902

In 2022, the estimated average employee contribution amount per participant for JACKSON FURNITURE INDUSTRIES, INC RETIREMENT PLAN is $389

In 2022, the estimated average employer match for an employee in JACKSON FURNITURE INDUSTRIES, INC RETIREMENT PLAN is approximately $119

In 2022, JACKSON FURNITURE INDUSTRIES, INC RETIREMENT PLAN allocates $131,033 to match its employees’ contributions, providing an employer match rate of 31.33% of their contributions

In 2022, the total retirement plan asset growth rate of JACKSON FURNITURE INDUSTRIES, INC RETIREMENT PLAN is -22.06%

In 2022, the estimated aggregate retirement account investment gain/loss for JACKSON FURNITURE INDUSTRIES, INC RETIREMENT PLAN is -12.81%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of JACKSON FURNITURE INDUSTRIES, INC RETIREMENT PLAN is 0.22%.

Enrollment Features

JACKSON FURNITURE INDUSTRIES, INC 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.