JR ENGINEERING, INC. DEFINED CONTRIBUTION PLAN

Overview

Plan Contact

  • Address: 5208 WOOSTER RD WEST,NORTON,OH
  • Contact person: DARIN NIST
  • Phone: (330) 825-1565

Plan General Information


At the end of 2022, the total retirement plan assets of JR ENGINEERING, INC. DEFINED CONTRIBUTION PLAN is $3,287,290.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in JR ENGINEERING, INC. DEFINED CONTRIBUTION PLAN is 99

In 2022, the average participant retirement account value for JR ENGINEERING, INC. DEFINED CONTRIBUTION PLAN is $33,204

In 2022, the estimated average employee contribution amount per participant for JR ENGINEERING, INC. DEFINED CONTRIBUTION PLAN is $1,474


In 2022, the total retirement plan asset growth rate of JR ENGINEERING, INC. DEFINED CONTRIBUTION PLAN is -13.38%

In 2022, the estimated aggregate retirement account investment gain/loss for JR ENGINEERING, INC. DEFINED CONTRIBUTION PLAN is -16.51%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of JR ENGINEERING, INC. DEFINED CONTRIBUTION PLAN is 0.06%.

Enrollment Features

JR ENGINEERING, INC. DEFINED CONTRIBUTION 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.