ZEL TECHNOLOGIES, LLC PROFIT SHARING & 401(K) PLAN

At the end of 2022, the total retirement plan assets of ZEL TECHNOLOGIES, LLC PROFIT SHARING & 401(K) PLAN is $24,967,073.This plan was established in 1995.

At the end of 2022, the total number of retirement plan participants in ZEL TECHNOLOGIES, LLC PROFIT SHARING & 401(K) PLAN is 392

In 2022, the average participant retirement account value for ZEL TECHNOLOGIES, LLC PROFIT SHARING & 401(K) PLAN is $63,691

In 2022, the estimated average employee contribution amount per participant for ZEL TECHNOLOGIES, LLC PROFIT SHARING & 401(K) PLAN is $3,172

In 2022, the estimated average employer match for an employee in ZEL TECHNOLOGIES, LLC PROFIT SHARING & 401(K) PLAN is approximately $1,220

In 2022, ZEL TECHNOLOGIES, LLC PROFIT SHARING & 401(K) PLAN allocates $478,492 to match its employees’ contributions, providing an employer match rate of 35.57% of their contributions

In 2022, the total retirement plan asset growth rate of ZEL TECHNOLOGIES, LLC PROFIT SHARING & 401(K) PLAN is -25.96%

In 2022, the estimated aggregate retirement account investment gain/loss for ZEL TECHNOLOGIES, LLC PROFIT SHARING & 401(K) PLAN is -20.86%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZEL TECHNOLOGIES, LLC PROFIT SHARING & 401(K) PLAN is 0.23%.

Enrollment Features

ZEL TECHNOLOGIES, LLC PROFIT SHARING & 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.