JET POLYMER RECYCLING, INC. 401(K) PLAN

Plan Contact

  • Address: 4811 GAULT AVE NORTH,FORT PAYNE,AL
  • Contact person: LEE MORGAN
  • Phone: (256) 638-1190

Plan General Information

JET POLYMER RECYCLING, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of JET POLYMER RECYCLING, INC. 401(K) PLAN is $1,939,682.00.This plan was established in 2022.

JET POLYMER RECYCLING, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in JET POLYMER RECYCLING, INC. 401(K) PLAN is 202

JET POLYMER RECYCLING, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2021, the average participant retirement account value for JET POLYMER RECYCLING, INC. 401(K) PLAN is $9,602.00

JET POLYMER RECYCLING, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for JET POLYMER RECYCLING, INC. 401(K) PLAN is $1,077.00.

JET POLYMER RECYCLING, INC. 401(K) PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in JET POLYMER RECYCLING, INC. 401(K) PLAN is approximately $523.00
Investing in this additonal $523.00 for 20 years would give you extra $33,528.00, assuming a 10% annual return.

JET POLYMER RECYCLING, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2021, JET POLYMER RECYCLING, INC. 401(K) PLAN allocates $105,824.00 to match its employees' contributions, providing an employer match rate of 48.62% of their contributions

JET POLYMER RECYCLING, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of JET POLYMER RECYCLING, INC. 401(K) PLAN is -5.28%.

JET POLYMER RECYCLING, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for JET POLYMER RECYCLING, INC. 401(K) PLAN is 10.82%. This measures the effectiveness of the plan participants' investments in the year.

JET POLYMER RECYCLING, INC. 401(K) PLAN Expense Ratio

In 2021, the investment and administrative expense ratio of JET POLYMER RECYCLING, INC. 401(K) PLAN is 0.49%.

Enrollment Features

JET POLYMER RECYCLING, 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.

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