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.