ZEHNDER’S OF FRANKENMUTH, INC. 401(K) & PROFIT SHARING PLAN & TRUST

At the end of 2022, the total retirement plan assets of ZEHNDER’S OF FRANKENMUTH, INC. 401(K) & PROFIT SHARING PLAN & TRUST is $13,566,289.This plan was established in 1996.

At the end of 2022, the total number of retirement plan participants in ZEHNDER’S OF FRANKENMUTH, INC. 401(K) & PROFIT SHARING PLAN & TRUST is 408

In 2022, the average participant retirement account value for ZEHNDER’S OF FRANKENMUTH, INC. 401(K) & PROFIT SHARING PLAN & TRUST is $33,250

In 2022, the estimated average employee contribution amount per participant for ZEHNDER’S OF FRANKENMUTH, INC. 401(K) & PROFIT SHARING PLAN & TRUST is $2,240

In 2022, the estimated average employer match for an employee in ZEHNDER’S OF FRANKENMUTH, INC. 401(K) & PROFIT SHARING PLAN & TRUST is approximately $495

In 2022, ZEHNDER’S OF FRANKENMUTH, INC. 401(K) & PROFIT SHARING PLAN & TRUST allocates $202,105 to match its employees’ contributions, providing an employer match rate of 21.35% of their contributions

In 2022, the total retirement plan asset growth rate of ZEHNDER’S OF FRANKENMUTH, INC. 401(K) & PROFIT SHARING PLAN & TRUST is -13.64%

In 2022, the estimated aggregate retirement account investment gain/loss for ZEHNDER’S OF FRANKENMUTH, INC. 401(K) & PROFIT SHARING PLAN & TRUST is -17.22%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZEHNDER’S OF FRANKENMUTH, INC. 401(K) & PROFIT SHARING PLAN & TRUST is 0.65%.

Enrollment Features

ZEHNDER’S OF FRANKENMUTH, INC. 401(K) & PROFIT SHARING PLAN & TRUST 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.