ZAXBY’S FRANCHISING, LLC 401(K) PLAN
Overview
Plan Contact
- Address: 1040 FOUNDERS BLVD.,ATHENS,GA
- Contact person: ROBERT COLVIN
- Phone: (706) 433-0079
Plan General Information
At the end of 2022, the total retirement plan assets of ZAXBY’S FRANCHISING, LLC 401(K) PLAN is $16,676,829.This plan was established in 2000.
At the end of 2022, the total number of retirement plan participants in ZAXBY’S FRANCHISING, LLC 401(K) PLAN is 1488
In 2022, the average participant retirement account value for ZAXBY’S FRANCHISING, LLC 401(K) PLAN is $11,207
In 2022, the estimated average employee contribution amount per participant for ZAXBY’S FRANCHISING, LLC 401(K) PLAN is $1,183
In 2022, the estimated average employer match for an employee in ZAXBY’S FRANCHISING, LLC 401(K) PLAN is approximately $228
In 2022, ZAXBY’S FRANCHISING, LLC 401(K) PLAN allocates $339,482 to match its employees’ contributions, providing an employer match rate of 18.39% of their contributions
In 2022, the total retirement plan asset growth rate of ZAXBY’S FRANCHISING, LLC 401(K) PLAN is -17.50%
In 2022, the estimated aggregate retirement account investment gain/loss for ZAXBY’S FRANCHISING, LLC 401(K) PLAN is -16.33%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ZAXBY’S FRANCHISING, LLC 401(K) PLAN is 0.49%.
Enrollment Features
ZAXBY’S FRANCHISING, LLC 401(K) 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.