JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 401(K) PLAN

Plan Contact

  • Address: 5101 VERNON AVENUE SOUTH,EDINA,MN
  • Phone: (952) 922-8335

Plan General Information

JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 401(K) PLAN is $41,611,071.00.This plan was established in 1998.

JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 401(K) PLAN is 1531

JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 401(K) PLAN is $27,179.00

JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 401(K) PLAN is $681.00.

JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 401(K) PLAN is approximately $1,633.00
Investing in this additonal $1,633.00 for 20 years would give you extra $104,515.00, assuming a 10% annual return.

JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 401(K) PLAN allocates $2,500,203.00 to match its employees' contributions, providing an employer match rate of 234.61% of their contributions

JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 401(K) PLAN is 17.88%.

JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 401(K) PLAN is 13.63%. This measures the effectiveness of the plan participants' investments in the year.

JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 401(K) PLAN is 0.21%.

Enrollment Features

JERRY'S ENTERPRISES, INC. UNION EMPLOYEE'S 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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