JR PLASTICS EMPLOYEE SAVINGS PLAN

At the end of 2021, the total retirement plan assets of JR PLASTICS EMPLOYEE SAVINGS PLAN is $2,909,934.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in JR PLASTICS EMPLOYEE SAVINGS PLAN is 152

In 2021, the average participant retirement account value for JR PLASTICS EMPLOYEE SAVINGS PLAN is $19,144

In 2021, the estimated average employee contribution amount per participant for JR PLASTICS EMPLOYEE SAVINGS PLAN is $1,719

In 2021, the estimated average employer match for an employee in JR PLASTICS EMPLOYEE SAVINGS PLAN is approximately $936

In 2021, JR PLASTICS EMPLOYEE SAVINGS PLAN allocates $142,391 to match its employees’ contributions, providing an employer match rate of 54.46% of their contributions

In 2021, the total retirement plan asset growth rate of JR PLASTICS EMPLOYEE SAVINGS PLAN is 18.37%

In 2021, the estimated aggregate retirement account investment gain/loss for JR PLASTICS EMPLOYEE SAVINGS PLAN is 8.13%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of JR PLASTICS EMPLOYEE SAVINGS PLAN is 0.10%.

Enrollment Features

JR PLASTICS EMPLOYEE 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.