JAE SAVINGS AND RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of JAE SAVINGS AND RETIREMENT PLAN is $16,880,325.This plan was established in 1991.

At the end of 2022, the total number of retirement plan participants in JAE SAVINGS AND RETIREMENT PLAN is 322

In 2022, the average participant retirement account value for JAE SAVINGS AND RETIREMENT PLAN is $52,423

In 2022, the estimated average employee contribution amount per participant for JAE SAVINGS AND RETIREMENT PLAN is $3,778

In 2022, the estimated average employer match for an employee in JAE SAVINGS AND RETIREMENT PLAN is approximately $755

In 2022, JAE SAVINGS AND RETIREMENT PLAN allocates $243,397 to match its employees’ contributions, providing an employer match rate of 20.95% of their contributions

In 2022, the total retirement plan asset growth rate of JAE SAVINGS AND RETIREMENT PLAN is -18.24%

In 2022, the estimated aggregate retirement account investment gain/loss for JAE SAVINGS AND RETIREMENT PLAN is -15.04%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of JAE SAVINGS AND RETIREMENT PLAN is 0.50%.

Enrollment Features

JAE SAVINGS AND 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.