ZAHERI GROUP RETIREMENT PLAN

Overview

Plan Contact

  • Address: 4100 STEVENS CREEK BOULEVARD,SAN JOSE,CA
  • Contact person: ALEXANDER JACOBSEN
  • Phone: (844) 401-2253

Plan General Information


At the end of 2022, the total retirement plan assets of ZAHERI GROUP RETIREMENT PLAN is $10,626,562.This plan was established in 2001.

At the end of 2022, the total number of retirement plan participants in ZAHERI GROUP RETIREMENT PLAN is 552

In 2022, the average participant retirement account value for ZAHERI GROUP RETIREMENT PLAN is $19,251

In 2022, the estimated average employee contribution amount per participant for ZAHERI GROUP RETIREMENT PLAN is $1,937

In 2022, the estimated average employer match for an employee in ZAHERI GROUP RETIREMENT PLAN is approximately $534

In 2022, ZAHERI GROUP RETIREMENT PLAN allocates $295,237 to match its employees’ contributions, providing an employer match rate of 28.88% of their contributions

In 2022, the total retirement plan asset growth rate of ZAHERI GROUP RETIREMENT PLAN is -16.56%

In 2022, the estimated aggregate retirement account investment gain/loss for ZAHERI GROUP RETIREMENT PLAN is -15.20%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZAHERI GROUP RETIREMENT PLAN is 0.52%.

Enrollment Features

ZAHERI GROUP RETIREMENT 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.