JACKSON HEALTHCARE 401(K) SAVINGS PLAN

At the end of 2022, the total retirement plan assets of JACKSON HEALTHCARE 401(K) SAVINGS PLAN is $116,422,048.This plan was established in 2000.

At the end of 2022, the total number of retirement plan participants in JACKSON HEALTHCARE 401(K) SAVINGS PLAN is 1980

In 2022, the average participant retirement account value for JACKSON HEALTHCARE 401(K) SAVINGS PLAN is $58,799

In 2022, the estimated average employee contribution amount per participant for JACKSON HEALTHCARE 401(K) SAVINGS PLAN is $6,980

In 2022, the estimated average employer match for an employee in JACKSON HEALTHCARE 401(K) SAVINGS PLAN is approximately $2,043

In 2022, JACKSON HEALTHCARE 401(K) SAVINGS PLAN allocates $4,045,431 to match its employees’ contributions, providing an employer match rate of 30.01% of their contributions

In 2022, the total retirement plan asset growth rate of JACKSON HEALTHCARE 401(K) SAVINGS PLAN is -9.86%

In 2022, the estimated aggregate retirement account investment gain/loss for JACKSON HEALTHCARE 401(K) SAVINGS PLAN is -16.54%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of JACKSON HEALTHCARE 401(K) SAVINGS PLAN is 0.30%.

Enrollment Features

JACKSON HEALTHCARE 401(K) SAVINGS 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.