JANN RESTAURANT, INC. 401(K) PLAN

Plan Contact

  • Address: 301 SOUTH PROSPECT,,BLOOMINGTON,IL
  • Contact person: MIKEL PETRO
  • Phone: (309) 808-2313

Plan General Information

JANN RESTAURANT, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of JANN RESTAURANT, INC. 401(K) PLAN is $1,263,991.00.This plan was established in 2017.

JANN RESTAURANT, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in JANN RESTAURANT, INC. 401(K) PLAN is 261

JANN RESTAURANT, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for JANN RESTAURANT, INC. 401(K) PLAN is $4,842.00

JANN RESTAURANT, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for JANN RESTAURANT, INC. 401(K) PLAN is $265.00.

JANN RESTAURANT, INC. 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in JANN RESTAURANT, INC. 401(K) PLAN is approximately $194.00
Investing in this additonal $194.00 for 20 years would give you extra $12,479.00, assuming a 10% annual return.

JANN RESTAURANT, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, JANN RESTAURANT, INC. 401(K) PLAN allocates $50,893.00 to match its employees' contributions, providing an employer match rate of 76.04% of their contributions

JANN RESTAURANT, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of JANN RESTAURANT, INC. 401(K) PLAN is -10.30%.

JANN RESTAURANT, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for JANN RESTAURANT, INC. 401(K) PLAN is -16.39%. This measures the effectiveness of the plan participants' investments in the year.

JANN RESTAURANT, INC. 401(K) PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of JANN RESTAURANT, INC. 401(K) PLAN is 1.15%.

Enrollment Features

JANN RESTAURANT, 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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