JRS RESTAURANTS RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of JRS RESTAURANTS RETIREMENT PLAN is $3,644,599.This plan was established in 2001.

At the end of 2022, the total number of retirement plan participants in JRS RESTAURANTS RETIREMENT PLAN is 344

In 2022, the average participant retirement account value for JRS RESTAURANTS RETIREMENT PLAN is $10,594

In 2022, the estimated average employee contribution amount per participant for JRS RESTAURANTS RETIREMENT PLAN is $456

In 2022, the estimated average employer match for an employee in JRS RESTAURANTS RETIREMENT PLAN is approximately $267

In 2022, JRS RESTAURANTS RETIREMENT PLAN allocates $91,962 to match its employees’ contributions, providing an employer match rate of 40.51% of their contributions

In 2022, the total retirement plan asset growth rate of JRS RESTAURANTS RETIREMENT PLAN is -10.55%

In 2022, the estimated aggregate retirement account investment gain/loss for JRS RESTAURANTS RETIREMENT PLAN is -14.91%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of JRS RESTAURANTS RETIREMENT PLAN is 0.33%.

Enrollment Features

JRS RESTAURANTS RETIREMENT 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.