ZAREMBA MANAGEMENT COMPANY 401(K) RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of ZAREMBA MANAGEMENT COMPANY 401(K) RETIREMENT SAVINGS PLAN is $6,211,858.This plan was established in 1987.

At the end of 2022, the total number of retirement plan participants in ZAREMBA MANAGEMENT COMPANY 401(K) RETIREMENT SAVINGS PLAN is 189

In 2022, the average participant retirement account value for ZAREMBA MANAGEMENT COMPANY 401(K) RETIREMENT SAVINGS PLAN is $32,866

In 2022, the estimated average employee contribution amount per participant for ZAREMBA MANAGEMENT COMPANY 401(K) RETIREMENT SAVINGS PLAN is $2,187

In 2022, the estimated average employer match for an employee in ZAREMBA MANAGEMENT COMPANY 401(K) RETIREMENT SAVINGS PLAN is approximately $677

In 2022, ZAREMBA MANAGEMENT COMPANY 401(K) RETIREMENT SAVINGS PLAN allocates $127,994 to match its employees’ contributions, providing an employer match rate of 29.62% of their contributions

In 2022, the total retirement plan asset growth rate of ZAREMBA MANAGEMENT COMPANY 401(K) RETIREMENT SAVINGS PLAN is -18.20%

In 2022, the estimated aggregate retirement account investment gain/loss for ZAREMBA MANAGEMENT COMPANY 401(K) RETIREMENT SAVINGS PLAN is -15.87%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZAREMBA MANAGEMENT COMPANY 401(K) RETIREMENT SAVINGS PLAN is 0.65%.

Enrollment Features

ZAREMBA MANAGEMENT COMPANY 401(K) RETIREMENT SAVINGS 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.