JAMAICA BEARINGS CO. , INC.
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Plan General Information
JAMAICA BEARINGS CO. , INC. Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in JAMAICA BEARINGS CO. , INC. is 148
JAMAICA BEARINGS CO. , INC. Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for JAMAICA BEARINGS CO. , INC. is $2,752.00.
JAMAICA BEARINGS CO. , INC. Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in JAMAICA BEARINGS CO. , INC. is approximately $199.00
Investing in this additonal $199.00 for 20 years would give you extra $12,748.00, assuming a 10% annual return.
Investing in this additonal $199.00 for 20 years would give you extra $12,748.00, assuming a 10% annual return.
JAMAICA BEARINGS CO. , INC. Total Employer Contribution and Match Rate
In 2022, JAMAICA BEARINGS CO. , INC. allocates $29,481.00 to match its employees' contributions, providing an employer match rate of 14.47% of their contributions
Enrollment Features
JAMAICA BEARINGS CO. , INC. 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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