ZANTECH IT SERVICES, INC. 401K PLAN

At the end of 2022, the total retirement plan assets of ZANTECH IT SERVICES, INC. 401K PLAN is $5,059,766.This plan was established in 2009.

At the end of 2022, the total number of retirement plan participants in ZANTECH IT SERVICES, INC. 401K PLAN is 132

In 2022, the average participant retirement account value for ZANTECH IT SERVICES, INC. 401K PLAN is $38,331

In 2022, the estimated average employee contribution amount per participant for ZANTECH IT SERVICES, INC. 401K PLAN is $3,617

In 2022, the estimated average employer match for an employee in ZANTECH IT SERVICES, INC. 401K PLAN is approximately $1,319

In 2022, ZANTECH IT SERVICES, INC. 401K PLAN allocates $174,156 to match its employees’ contributions, providing an employer match rate of 35.14% of their contributions

In 2022, the total retirement plan asset growth rate of ZANTECH IT SERVICES, INC. 401K PLAN is -9.10%

In 2022, the estimated aggregate retirement account investment gain/loss for ZANTECH IT SERVICES, INC. 401K PLAN is -17.05%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZANTECH IT SERVICES, INC. 401K PLAN is 1.21%.

Enrollment Features

ZANTECH IT SERVICES, INC. 401K 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.