JAZZ BASKETBALL INVESTORS LLC 401(K) PLAN

At the end of 2022, the total retirement plan assets of JAZZ BASKETBALL INVESTORS LLC 401(K) PLAN is $28,076,743.This plan was established in 2021.

At the end of 2022, the total number of retirement plan participants in JAZZ BASKETBALL INVESTORS LLC 401(K) PLAN is 578

In 2022, the average participant retirement account value for JAZZ BASKETBALL INVESTORS LLC 401(K) PLAN is $48,575

In 2022, the estimated average employee contribution amount per participant for JAZZ BASKETBALL INVESTORS LLC 401(K) PLAN is $6,760

In 2022, the estimated average employer match for an employee in JAZZ BASKETBALL INVESTORS LLC 401(K) PLAN is approximately $1,865

In 2022, JAZZ BASKETBALL INVESTORS LLC 401(K) PLAN allocates $1,077,983 to match its employees’ contributions, providing an employer match rate of 55.17% of their contributions

In 2022, the total retirement plan asset growth rate of JAZZ BASKETBALL INVESTORS LLC 401(K) PLAN is -15.95%

In 2022, the estimated aggregate retirement account investment gain/loss for JAZZ BASKETBALL INVESTORS LLC 401(K) PLAN is -16.91%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of JAZZ BASKETBALL INVESTORS LLC 401(K) PLAN is 0.24%.

Enrollment Features

JAZZ BASKETBALL INVESTORS LLC 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.