JR TECHNOLOGY GROUP RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of JR TECHNOLOGY GROUP RETIREMENT SAVINGS PLAN is $116,593,037.This plan was established in 2015.

At the end of 2022, the total number of retirement plan participants in JR TECHNOLOGY GROUP RETIREMENT SAVINGS PLAN is 2083

In 2022, the average participant retirement account value for JR TECHNOLOGY GROUP RETIREMENT SAVINGS PLAN is $55,973

In 2022, the estimated average employee contribution amount per participant for JR TECHNOLOGY GROUP RETIREMENT SAVINGS PLAN is $7,107

In 2022, the estimated average employer match for an employee in JR TECHNOLOGY GROUP RETIREMENT SAVINGS PLAN is approximately $2,054

In 2022, JR TECHNOLOGY GROUP RETIREMENT SAVINGS PLAN allocates $4,279,352 to match its employees’ contributions, providing an employer match rate of 30.71% of their contributions

In 2022, the total retirement plan asset growth rate of JR TECHNOLOGY GROUP RETIREMENT SAVINGS PLAN is -13.44%

In 2022, the estimated aggregate retirement account investment gain/loss for JR TECHNOLOGY GROUP RETIREMENT SAVINGS PLAN is -17.54%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of JR TECHNOLOGY GROUP RETIREMENT SAVINGS PLAN is 0.15%.

Enrollment Features

JR TECHNOLOGY GROUP RETIREMENT SAVINGS 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.