JAMBOOR MEDICAL CORP 401(K) P/S PLAN

Overview

Plan Contact

  • Address: 12675 HESPERIA RD,VICTORVILLE,CA
  • Contact person: SUSIE MCBRIDE
  • Phone: (760) 241-8063

Plan General Information


At the end of 2022, the total retirement plan assets of JAMBOOR MEDICAL CORP 401(K) P/S PLAN is $4,576,894.This plan was established in 1996.

At the end of 2022, the total number of retirement plan participants in JAMBOOR MEDICAL CORP 401(K) P/S PLAN is 166

In 2022, the average participant retirement account value for JAMBOOR MEDICAL CORP 401(K) P/S PLAN is $27,571

In 2022, the estimated average employee contribution amount per participant for JAMBOOR MEDICAL CORP 401(K) P/S PLAN is $3,001

In 2022, the estimated average employer match for an employee in JAMBOOR MEDICAL CORP 401(K) P/S PLAN is approximately $836

In 2022, JAMBOOR MEDICAL CORP 401(K) P/S PLAN allocates $138,791 to match its employees’ contributions, providing an employer match rate of 28.55% of their contributions

In 2022, the total retirement plan asset growth rate of JAMBOOR MEDICAL CORP 401(K) P/S PLAN is -18.66%

In 2022, the estimated aggregate retirement account investment gain/loss for JAMBOOR MEDICAL CORP 401(K) P/S PLAN is -15.84%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of JAMBOOR MEDICAL CORP 401(K) P/S PLAN is 0.95%.

Enrollment Features

JAMBOOR MEDICAL CORP 401(K) P/S 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.