JACKSON SPALDING, INC. PROFIT SHARING 401(K) PLAN

At the end of 2022, the total retirement plan assets of JACKSON SPALDING, INC. PROFIT SHARING 401(K) PLAN is $13,969,935.This plan was established in 1995.

At the end of 2022, the total number of retirement plan participants in JACKSON SPALDING, INC. PROFIT SHARING 401(K) PLAN is 194

In 2022, the average participant retirement account value for JACKSON SPALDING, INC. PROFIT SHARING 401(K) PLAN is $72,009

In 2022, the estimated average employee contribution amount per participant for JACKSON SPALDING, INC. PROFIT SHARING 401(K) PLAN is $5,075

In 2022, the estimated average employer match for an employee in JACKSON SPALDING, INC. PROFIT SHARING 401(K) PLAN is approximately $2,263

In 2022, JACKSON SPALDING, INC. PROFIT SHARING 401(K) PLAN allocates $439,123 to match its employees’ contributions, providing an employer match rate of 46.26% of their contributions

In 2022, the total retirement plan asset growth rate of JACKSON SPALDING, INC. PROFIT SHARING 401(K) PLAN is -15.74%

In 2022, the estimated aggregate retirement account investment gain/loss for JACKSON SPALDING, INC. PROFIT SHARING 401(K) PLAN is -16.52%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of JACKSON SPALDING, INC. PROFIT SHARING 401(K) PLAN is 0.57%.

Enrollment Features

JACKSON SPALDING, INC. PROFIT SHARING 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.