JALBERT LEASING, INC. EMPLOYEE RETIREMENT & SAVINGS PLAN

At the end of 2022, the total retirement plan assets of JALBERT LEASING, INC. EMPLOYEE RETIREMENT & SAVINGS PLAN is $4,431,763.This plan was established in 1998.

At the end of 2022, the total number of retirement plan participants in JALBERT LEASING, INC. EMPLOYEE RETIREMENT & SAVINGS PLAN is 105

In 2022, the average participant retirement account value for JALBERT LEASING, INC. EMPLOYEE RETIREMENT & SAVINGS PLAN is $42,207

In 2022, the estimated average employee contribution amount per participant for JALBERT LEASING, INC. EMPLOYEE RETIREMENT & SAVINGS PLAN is $2,772

In 2022, the estimated average employer match for an employee in JALBERT LEASING, INC. EMPLOYEE RETIREMENT & SAVINGS PLAN is approximately $1,775

In 2022, JALBERT LEASING, INC. EMPLOYEE RETIREMENT & SAVINGS PLAN allocates $186,377 to match its employees’ contributions, providing an employer match rate of 62.53% of their contributions

In 2022, the total retirement plan asset growth rate of JALBERT LEASING, INC. EMPLOYEE RETIREMENT & SAVINGS PLAN is -14.47%

In 2022, the estimated aggregate retirement account investment gain/loss for JALBERT LEASING, INC. EMPLOYEE RETIREMENT & SAVINGS PLAN is -16.31%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of JALBERT LEASING, INC. EMPLOYEE RETIREMENT & SAVINGS PLAN is 0.37%.

Enrollment Features

JALBERT LEASING, INC. EMPLOYEE RETIREMENT & SAVINGS 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.