JRM CONSTRUCTION MANAGEMENT 401K PLAN

At the end of 2022, the total retirement plan assets of JRM CONSTRUCTION MANAGEMENT 401K PLAN is $32,164,878.This plan was established in 2008.

At the end of 2022, the total number of retirement plan participants in JRM CONSTRUCTION MANAGEMENT 401K PLAN is 579

In 2022, the average participant retirement account value for JRM CONSTRUCTION MANAGEMENT 401K PLAN is $55,552

In 2022, the estimated average employee contribution amount per participant for JRM CONSTRUCTION MANAGEMENT 401K PLAN is $7,196

In 2022, the estimated average employer match for an employee in JRM CONSTRUCTION MANAGEMENT 401K PLAN is approximately $931

In 2022, JRM CONSTRUCTION MANAGEMENT 401K PLAN allocates $539,083 to match its employees’ contributions, providing an employer match rate of 13.60% of their contributions

In 2022, the total retirement plan asset growth rate of JRM CONSTRUCTION MANAGEMENT 401K PLAN is 0.28%

In 2022, the estimated aggregate retirement account investment gain/loss for JRM CONSTRUCTION MANAGEMENT 401K PLAN is -15.48%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of JRM CONSTRUCTION MANAGEMENT 401K PLAN is 0.02%.

Enrollment Features

JRM CONSTRUCTION MANAGEMENT 401K 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.