LAYERZERO POWER SYSTEMS, INC 401(K) PROFIT SHARING PLAN & TRUST

At the end of 2022, the total retirement plan assets of LAYERZERO POWER SYSTEMS, INC 401(K) PROFIT SHARING PLAN & TRUST is $3,352,952.This plan was established in 2010.

At the end of 2022, the total number of retirement plan participants in LAYERZERO POWER SYSTEMS, INC 401(K) PROFIT SHARING PLAN & TRUST is 124

In 2022, the average participant retirement account value for LAYERZERO POWER SYSTEMS, INC 401(K) PROFIT SHARING PLAN & TRUST is $27,039

In 2022, the estimated average employee contribution amount per participant for LAYERZERO POWER SYSTEMS, INC 401(K) PROFIT SHARING PLAN & TRUST is $6,096

In 2022, the estimated average employer match for an employee in LAYERZERO POWER SYSTEMS, INC 401(K) PROFIT SHARING PLAN & TRUST is approximately $2,623

In 2022, LAYERZERO POWER SYSTEMS, INC 401(K) PROFIT SHARING PLAN & TRUST allocates $325,310 to match its employees’ contributions, providing an employer match rate of 86.07% of their contributions

In 2022, the total retirement plan asset growth rate of LAYERZERO POWER SYSTEMS, INC 401(K) PROFIT SHARING PLAN & TRUST is -7.36%

In 2022, the estimated aggregate retirement account investment gain/loss for LAYERZERO POWER SYSTEMS, INC 401(K) PROFIT SHARING PLAN & TRUST is -15.54%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LAYERZERO POWER SYSTEMS, INC 401(K) PROFIT SHARING PLAN & TRUST is 0.95%.

Enrollment Features

LAYERZERO POWER SYSTEMS, INC 401(K) PROFIT SHARING PLAN & TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.