JRC MECHANICAL, LLC 401(K) PLAN

At the end of 2022, the total retirement plan assets of JRC MECHANICAL, LLC 401(K) PLAN is $2,252,924.This plan was established in 1999.

At the end of 2022, the total number of retirement plan participants in JRC MECHANICAL, LLC 401(K) PLAN is 330

In 2022, the average participant retirement account value for JRC MECHANICAL, LLC 401(K) PLAN is $6,827

In 2022, the estimated average employee contribution amount per participant for JRC MECHANICAL, LLC 401(K) PLAN is $1,087

In 2022, the estimated average employer match for an employee in JRC MECHANICAL, LLC 401(K) PLAN is approximately $135

In 2022, JRC MECHANICAL, LLC 401(K) PLAN allocates $44,590 to match its employees’ contributions, providing an employer match rate of 13.27% of their contributions

In 2022, the total retirement plan asset growth rate of JRC MECHANICAL, LLC 401(K) PLAN is -7.66%

In 2022, the estimated aggregate retirement account investment gain/loss for JRC MECHANICAL, LLC 401(K) PLAN is -16.72%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of JRC MECHANICAL, LLC 401(K) PLAN is 0.53%.

Enrollment Features

JRC MECHANICAL, LLC 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.