J. C. PENNEY CORPORATION, INC. SAVINGS PROFIT SHARING & STOCK OWNERSHIP
Plan Contact
- Address: 2401 S. STEMMONS FREEWAY,SUITE 4000,,LEWISVILLE,TX
- Phone: (972) 431-1000
Plan General Information
J. C. PENNEY CORPORATION, INC. SAVINGS PROFIT SHARING & STOCK OWNERSHIP Total Retirement Plan Assets
At the end of 2020, the total retirement plan assets of J. C. PENNEY CORPORATION, INC. SAVINGS PROFIT SHARING & STOCK OWNERSHIP is $1,685,102,000.00.This plan was established in 1988.
J. C. PENNEY CORPORATION, INC. SAVINGS PROFIT SHARING & STOCK OWNERSHIP Total Number of Retirement Plan Participants
At the end of 2020, the total number of retirement plan participants in J. C. PENNEY CORPORATION, INC. SAVINGS PROFIT SHARING & STOCK OWNERSHIP is 27517
J. C. PENNEY CORPORATION, INC. SAVINGS PROFIT SHARING & STOCK OWNERSHIP Average Participant Retirement Account Value
In 2020, the average participant retirement account value for J. C. PENNEY CORPORATION, INC. SAVINGS PROFIT SHARING & STOCK OWNERSHIP is $61,238.00
J. C. PENNEY CORPORATION, INC. SAVINGS PROFIT SHARING & STOCK OWNERSHIP Estimated Average Employee Contribution Amount
In 2020, the estimated average employee contribution amount per participant for J. C. PENNEY CORPORATION, INC. SAVINGS PROFIT SHARING & STOCK OWNERSHIP is $1,403.00.
J. C. PENNEY CORPORATION, INC. SAVINGS PROFIT SHARING & STOCK OWNERSHIP Estimated Average Employer Match
In 2020, the estimated average employer match for an employee in J. C. PENNEY CORPORATION, INC. SAVINGS PROFIT SHARING & STOCK OWNERSHIP is approximately $245.00
Investing in this additonal $245.00 for 20 years would give you extra $15,683.00, assuming a 10% annual return.
Investing in this additonal $245.00 for 20 years would give you extra $15,683.00, assuming a 10% annual return.
J. C. PENNEY CORPORATION, INC. SAVINGS PROFIT SHARING & STOCK OWNERSHIP Total Employer Contribution and Match Rate
In 2020, J. C. PENNEY CORPORATION, INC. SAVINGS PROFIT SHARING & STOCK OWNERSHIP allocates $6,743,000.00 to match its employees' contributions, providing an employer match rate of 34.91% of their contributions
J. C. PENNEY CORPORATION, INC. SAVINGS PROFIT SHARING & STOCK OWNERSHIP Total Retirement Plan Asset Growth Rate
In 2020, the total retirement plan asset growth rate of J. C. PENNEY CORPORATION, INC. SAVINGS PROFIT SHARING & STOCK OWNERSHIP is -14.71%.
J. C. PENNEY CORPORATION, INC. SAVINGS PROFIT SHARING & STOCK OWNERSHIP Estimated Aggregate Retirement Account Investment Gain/Loss
In 2020, the estimated aggregate retirement account investment gain/loss for J. C. PENNEY CORPORATION, INC. SAVINGS PROFIT SHARING & STOCK OWNERSHIP is 8.45%. This measures the effectiveness of the plan participants' investments in the year.
J. C. PENNEY CORPORATION, INC. SAVINGS PROFIT SHARING & STOCK OWNERSHIP Expense Ratio
In 2020, the investment and administrative expense ratio of J. C. PENNEY CORPORATION, INC. SAVINGS PROFIT SHARING & STOCK OWNERSHIP is 0.08%.
Enrollment Features
J. C. PENNEY CORPORATION, INC. SAVINGS PROFIT SHARING & STOCK OWNERSHIP has the following features: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.
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