JRE & 4R EMPLOYEE RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of JRE & 4R EMPLOYEE RETIREMENT PLAN is $127,442,618.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in JRE & 4R EMPLOYEE RETIREMENT PLAN is 2137

In 2022, the average participant retirement account value for JRE & 4R EMPLOYEE RETIREMENT PLAN is $59,636

In 2022, the estimated average employee contribution amount per participant for JRE & 4R EMPLOYEE RETIREMENT PLAN is $5,059

In 2022, the estimated average employer match for an employee in JRE & 4R EMPLOYEE RETIREMENT PLAN is approximately $2,818

In 2022, JRE & 4R EMPLOYEE RETIREMENT PLAN allocates $6,024,028 to match its employees’ contributions, providing an employer match rate of 58.16% of their contributions

In 2022, the total retirement plan asset growth rate of JRE & 4R EMPLOYEE RETIREMENT PLAN is -10.82%

In 2022, the estimated aggregate retirement account investment gain/loss for JRE & 4R EMPLOYEE RETIREMENT PLAN is -15.47%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of JRE & 4R EMPLOYEE RETIREMENT PLAN is 0.26%.

Enrollment Features

JRE & 4R EMPLOYEE RETIREMENT 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.