Jet Research Development retirement plan: assets, participants and fees
What Jet Research Development's retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Mutual of America Investment Corp | Schedule C ↗ |
| Independent auditor | Verdeja & Alvarez, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Jet Research Development: employer contribution per participant | $2,470 | |
| Peer median | $1,847 |
| Jet Research Development: average balance | $141,997 | |
| Peer median | $65,512 |
| Jet Research Development: admin expenses ÷ assets | <0.01% | |
| Peer median | 0.32% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $10.1M at the end of plan year 2021 to $17.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 167 | $17.9M | $311K | $2,470 | <0.01% | Not published | Form 5500 ↗ |
| 2023 | 178 | $15.6M | $294K | $2,354 | <0.01% | Not published | Form 5500 ↗ |
| 2022 | 164 | $11.8M | $144K | $1,242 | <0.01% | Not published | Form 5500 ↗ |
| 2021 | 121 | $10.1M | $329K | $2,816 | <0.01% | Not published | Form 5500 ↗ |
Common questions
Does Jet Research Development match 401(k) contributions?
The match terms for the Safe-Harbor 401(k) Profit Sharing Plan for Employees of Jet Research Development, Inc. have not been published from its filing yet. The plan year 2024 filing reports $311K in employer contributions, about $2,470 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Jet Research Development 401(k) match vested?
The vesting schedule for the Safe-Harbor 401(k) Profit Sharing Plan for Employees of Jet Research Development, Inc. is not in the data published so far. Your Summary Plan Description states it.
Who manages the Jet Research Development 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Mutual of America Investment Corp. The plan administrator is Jet Research Development, Inc..
I left Jet Research Development. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Jet Research Development, Inc., (954) 427-0404) or the recordkeeper, Mutual of America Investment Corp. The Jet Research Development old 401(k) page lists the contacts from every plan filing. Find an old Jet Research Development 401(k)
Data from the public Form 5500 annual reports Jet Research Development filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Jet Research Development. Not financial advice. Report a correction · Methodology