ZARA USA & RELATED COMPANIES 401(K) PLAN

At the end of 2022, the total retirement plan assets of ZARA USA & RELATED COMPANIES 401(K) PLAN is $36,234,214.This plan was established in 2011.

At the end of 2022, the total number of retirement plan participants in ZARA USA & RELATED COMPANIES 401(K) PLAN is 2764

In 2022, the average participant retirement account value for ZARA USA & RELATED COMPANIES 401(K) PLAN is $13,109

In 2022, the estimated average employee contribution amount per participant for ZARA USA & RELATED COMPANIES 401(K) PLAN is $1,528

In 2022, the estimated average employer match for an employee in ZARA USA & RELATED COMPANIES 401(K) PLAN is approximately $531

In 2022, ZARA USA & RELATED COMPANIES 401(K) PLAN allocates $1,470,394 to match its employees’ contributions, providing an employer match rate of 32.27% of their contributions

In 2022, the total retirement plan asset growth rate of ZARA USA & RELATED COMPANIES 401(K) PLAN is -12.32%

In 2022, the estimated aggregate retirement account investment gain/loss for ZARA USA & RELATED COMPANIES 401(K) PLAN is -16.97%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZARA USA & RELATED COMPANIES 401(K) PLAN is 0.09%.

Enrollment Features

ZARA USA & RELATED COMPANIES 401(K) 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.