ZAPATA GROUP INC. 401(K) PROFIT SHARING PLAN
Overview
Plan Contact
- Address: 6302 FAIRVIEW RD STE 600,CHARLOTTE,NC
- Contact person: JACQUELINE VAUGHN
- Phone: (704) 358-8240
Plan General Information
At the end of 2022, the total retirement plan assets of ZAPATA GROUP INC. 401(K) PROFIT SHARING PLAN is $9,763,633.This plan was established in 1994.
At the end of 2022, the total number of retirement plan participants in ZAPATA GROUP INC. 401(K) PROFIT SHARING PLAN is 107
In 2022, the average participant retirement account value for ZAPATA GROUP INC. 401(K) PROFIT SHARING PLAN is $91,248
In 2022, the estimated average employee contribution amount per participant for ZAPATA GROUP INC. 401(K) PROFIT SHARING PLAN is $5,253
In 2022, the estimated average employer match for an employee in ZAPATA GROUP INC. 401(K) PROFIT SHARING PLAN is approximately $1,456
In 2022, ZAPATA GROUP INC. 401(K) PROFIT SHARING PLAN allocates $155,800 to match its employees’ contributions, providing an employer match rate of 26.13% of their contributions
In 2022, the total retirement plan asset growth rate of ZAPATA GROUP INC. 401(K) PROFIT SHARING PLAN is -10.41%
In 2022, the estimated aggregate retirement account investment gain/loss for ZAPATA GROUP INC. 401(K) PROFIT SHARING PLAN is -12.92%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ZAPATA GROUP INC. 401(K) PROFIT SHARING PLAN is 0.01%.
Enrollment Features
ZAPATA GROUP INC. 401(K) PROFIT SHARING PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.