ZAUSMER, P.C. 401(K) SAVINGS PLAN
Overview
Plan Contact
- Address: 32255 NORTHWESTERN HIGHWAY,,FARMINGTON HILLS,MI
- Contact person: ELIZABETH LOCKWOOD
- Phone: (248) 851-4111
Plan General Information
At the end of 2022, the total retirement plan assets of ZAUSMER, P.C. 401(K) SAVINGS PLAN is $10,440,884.This plan was established in 1990.
At the end of 2022, the total number of retirement plan participants in ZAUSMER, P.C. 401(K) SAVINGS PLAN is 176
In 2022, the average participant retirement account value for ZAUSMER, P.C. 401(K) SAVINGS PLAN is $59,323
In 2022, the estimated average employee contribution amount per participant for ZAUSMER, P.C. 401(K) SAVINGS PLAN is $6,943
In 2022, the estimated average employer match for an employee in ZAUSMER, P.C. 401(K) SAVINGS PLAN is approximately $631
In 2022, ZAUSMER, P.C. 401(K) SAVINGS PLAN allocates $111,061 to match its employees’ contributions, providing an employer match rate of 9.61% of their contributions
In 2022, the total retirement plan asset growth rate of ZAUSMER, P.C. 401(K) SAVINGS PLAN is -11.15%
In 2022, the estimated aggregate retirement account investment gain/loss for ZAUSMER, P.C. 401(K) SAVINGS PLAN is -19.81%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ZAUSMER, P.C. 401(K) SAVINGS PLAN is 0.58%.
Enrollment Features
ZAUSMER, P.C. 401(K) 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.