ZAMPELL COMPANIES PROFIT SHARING/401(K) PLAN
Overview
Plan Contact
- Address: 9 STANLEY TUCKER DRIVE,NEWBURYPORT,MA
- Contact person: STEPHEN MURPHY
- Phone: (978) 499-5124
Plan General Information
At the end of 2022, the total retirement plan assets of ZAMPELL COMPANIES PROFIT SHARING/401(K) PLAN is $24,306,532.This plan was established in 1984.
At the end of 2022, the total number of retirement plan participants in ZAMPELL COMPANIES PROFIT SHARING/401(K) PLAN is 310
In 2022, the average participant retirement account value for ZAMPELL COMPANIES PROFIT SHARING/401(K) PLAN is $78,408
In 2022, the estimated average employee contribution amount per participant for ZAMPELL COMPANIES PROFIT SHARING/401(K) PLAN is $5,511
In 2022, the estimated average employer match for an employee in ZAMPELL COMPANIES PROFIT SHARING/401(K) PLAN is approximately $664
In 2022, ZAMPELL COMPANIES PROFIT SHARING/401(K) PLAN allocates $206,043 to match its employees’ contributions, providing an employer match rate of 11.54% of their contributions
In 2022, the total retirement plan asset growth rate of ZAMPELL COMPANIES PROFIT SHARING/401(K) PLAN is -19.64%
In 2022, the estimated aggregate retirement account investment gain/loss for ZAMPELL COMPANIES PROFIT SHARING/401(K) PLAN is -14.75%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ZAMPELL COMPANIES PROFIT SHARING/401(K) PLAN is 0.05%.
Enrollment Features
ZAMPELL COMPANIES PROFIT SHARING/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.