ZEIGLER AUTO GROUP, INC. EMPLOYEE’S 401(K) PLAN

Overview

Plan Contact

  • Address: 4201 STADIUM DRIVE,KALAMAZOO,MI
  • Phone: (269) 375-4500

Plan General Information


At the end of 2022, the total retirement plan assets of ZEIGLER AUTO GROUP, INC. EMPLOYEE’S 401(K) PLAN is $48,260,278.This plan was established in 1991.

At the end of 2022, the total number of retirement plan participants in ZEIGLER AUTO GROUP, INC. EMPLOYEE’S 401(K) PLAN is 3272

In 2022, the average participant retirement account value for ZEIGLER AUTO GROUP, INC. EMPLOYEE’S 401(K) PLAN is $14,749

In 2022, the estimated average employee contribution amount per participant for ZEIGLER AUTO GROUP, INC. EMPLOYEE’S 401(K) PLAN is $2,961

In 2022, the estimated average employer match for an employee in ZEIGLER AUTO GROUP, INC. EMPLOYEE’S 401(K) PLAN is approximately $145

In 2022, ZEIGLER AUTO GROUP, INC. EMPLOYEE’S 401(K) PLAN allocates $476,672 to match its employees’ contributions, providing an employer match rate of 5.23% of their contributions

In 2022, the total retirement plan asset growth rate of ZEIGLER AUTO GROUP, INC. EMPLOYEE’S 401(K) PLAN is -7.74%

In 2022, the estimated aggregate retirement account investment gain/loss for ZEIGLER AUTO GROUP, INC. EMPLOYEE’S 401(K) PLAN is -17.56%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZEIGLER AUTO GROUP, INC. EMPLOYEE’S 401(K) PLAN is 0.71%.

Enrollment Features

ZEIGLER AUTO GROUP, INC. EMPLOYEE’S 401(K) 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.