ZENDESK, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 989 MARKET STREET,SAN FRANCISCO,CA
  • Contact person: EVANGELINE MENDIOLA
  • Phone: (415) 704-7457

Plan General Information


At the end of 2022, the total retirement plan assets of ZENDESK, INC. 401(K) PLAN is $211,030,945.This plan was established in 2010.

At the end of 2022, the total number of retirement plan participants in ZENDESK, INC. 401(K) PLAN is 3389

In 2022, the average participant retirement account value for ZENDESK, INC. 401(K) PLAN is $62,269

In 2022, the estimated average employee contribution amount per participant for ZENDESK, INC. 401(K) PLAN is $14,298

In 2022, the estimated average employer match for an employee in ZENDESK, INC. 401(K) PLAN is approximately $2,535

In 2022, ZENDESK, INC. 401(K) PLAN allocates $8,594,250 to match its employees’ contributions, providing an employer match rate of 20.66% of their contributions

In 2022, the total retirement plan asset growth rate of ZENDESK, INC. 401(K) PLAN is 1.74%

In 2022, the estimated aggregate retirement account investment gain/loss for ZENDESK, INC. 401(K) PLAN is -17.04%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZENDESK, INC. 401(K) PLAN is 0.04%.

Enrollment Features

ZENDESK, INC. 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.