JRMB II, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of JRMB II, INC. 401(K) PLAN is $22,745,045.This plan was established in 1992.

At the end of 2022, the total number of retirement plan participants in JRMB II, INC. 401(K) PLAN is 956

In 2022, the average participant retirement account value for JRMB II, INC. 401(K) PLAN is $23,791

In 2022, the estimated average employee contribution amount per participant for JRMB II, INC. 401(K) PLAN is $1,721

In 2022, the estimated average employer match for an employee in JRMB II, INC. 401(K) PLAN is approximately $494

In 2022, JRMB II, INC. 401(K) PLAN allocates $472,438 to match its employees’ contributions, providing an employer match rate of 27.93% of their contributions

In 2022, the total retirement plan asset growth rate of JRMB II, INC. 401(K) PLAN is -22.76%

In 2022, the estimated aggregate retirement account investment gain/loss for JRMB II, INC. 401(K) PLAN is -19.24%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of JRMB II, INC. 401(K) PLAN is 0.24%.

Enrollment Features

JRMB II, INC. 401(K) 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.