ZEHRCO-GIANCOLA COMPOSITES, INC. 401(K) PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: 1501 WEST 47TH STREET,ASHTABULA,OH
  • Contact person: RICK DEGEORGE
  • Phone: (440) 994-6317

Plan General Information


At the end of 2022, the total retirement plan assets of ZEHRCO-GIANCOLA COMPOSITES, INC. 401(K) PROFIT SHARING PLAN is $8,895,689.This plan was established in 2004.

At the end of 2022, the total number of retirement plan participants in ZEHRCO-GIANCOLA COMPOSITES, INC. 401(K) PROFIT SHARING PLAN is 185

In 2022, the average participant retirement account value for ZEHRCO-GIANCOLA COMPOSITES, INC. 401(K) PROFIT SHARING PLAN is $48,084

In 2022, the estimated average employee contribution amount per participant for ZEHRCO-GIANCOLA COMPOSITES, INC. 401(K) PROFIT SHARING PLAN is $5,493

In 2022, the estimated average employer match for an employee in ZEHRCO-GIANCOLA COMPOSITES, INC. 401(K) PROFIT SHARING PLAN is approximately $1,748

In 2022, ZEHRCO-GIANCOLA COMPOSITES, INC. 401(K) PROFIT SHARING PLAN allocates $323,560 to match its employees’ contributions, providing an employer match rate of 32.36% of their contributions

In 2022, the total retirement plan asset growth rate of ZEHRCO-GIANCOLA COMPOSITES, INC. 401(K) PROFIT SHARING PLAN is 98.49%

In 2022, the estimated aggregate retirement account investment gain/loss for ZEHRCO-GIANCOLA COMPOSITES, INC. 401(K) PROFIT SHARING PLAN is -15.07%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZEHRCO-GIANCOLA COMPOSITES, INC. 401(K) PROFIT SHARING PLAN is 0.23%.

Enrollment Features

ZEHRCO-GIANCOLA COMPOSITES, INC. 401(K) PROFIT SHARING 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.