DZS INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 5700 TENNYSON PARKWAY,PLANO,TX
  • Contact person: LAURA LARSEN-MISUNAS
  • Phone: (510) 777-7000

Plan General Information


At the end of 2022, the total retirement plan assets of DZS INC. 401(K) PLAN is $62,806,499.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in DZS INC. 401(K) PLAN is 476

In 2022, the average participant retirement account value for DZS INC. 401(K) PLAN is $131,946

In 2022, the estimated average employee contribution amount per participant for DZS INC. 401(K) PLAN is $6,318

In 2022, the estimated average employer match for an employee in DZS INC. 401(K) PLAN is approximately $1,936

In 2022, DZS INC. 401(K) PLAN allocates $921,696 to match its employees’ contributions, providing an employer match rate of 32.13% of their contributions

In 2022, the total retirement plan asset growth rate of DZS INC. 401(K) PLAN is -23.77%

In 2022, the estimated aggregate retirement account investment gain/loss for DZS INC. 401(K) PLAN is -21.31%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of DZS INC. 401(K) PLAN is 0.04%.

Enrollment Features

DZS 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.