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.