JACO EMPLOYEES 401K PLAN

Overview

Plan Contact

  • Address: 140 CONSTITUTION BLVD,FRANKLIN,MA
  • Contact person: LORI MCCLUSKEY
  • Phone: (508) 553-1004

Plan General Information


At the end of 2022, the total retirement plan assets of JACO EMPLOYEES 401K PLAN is $11,486,395.This plan was established in 1985.

At the end of 2022, the total number of retirement plan participants in JACO EMPLOYEES 401K PLAN is 128

In 2022, the average participant retirement account value for JACO EMPLOYEES 401K PLAN is $89,737

In 2022, the estimated average employee contribution amount per participant for JACO EMPLOYEES 401K PLAN is $5,063

In 2022, the estimated average employer match for an employee in JACO EMPLOYEES 401K PLAN is approximately $668

In 2022, JACO EMPLOYEES 401K PLAN allocates $85,617 to match its employees’ contributions, providing an employer match rate of 13.26% of their contributions

In 2022, the total retirement plan asset growth rate of JACO EMPLOYEES 401K PLAN is -14.44%

In 2022, the estimated aggregate retirement account investment gain/loss for JACO EMPLOYEES 401K PLAN is -16.55%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of JACO EMPLOYEES 401K PLAN is 0.34%.

Enrollment Features

JACO EMPLOYEES 401K 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.