ZENITH FREIGHT LINES, LLC 401(K) PLAN

Overview

Plan Contact

  • Address: PO BOX 969,CONOVER,NC
  • Contact person: CRYSTAL COOKE
  • Phone: (828) 468-3923

Plan General Information


At the end of 2022, the total retirement plan assets of ZENITH FREIGHT LINES, LLC 401(K) PLAN is $905,716.This plan was established in 1993.

At the end of 2022, the total number of retirement plan participants in ZENITH FREIGHT LINES, LLC 401(K) PLAN is 592

In 2022, the average participant retirement account value for ZENITH FREIGHT LINES, LLC 401(K) PLAN is $1,529

In 2022, the estimated average employee contribution amount per participant for ZENITH FREIGHT LINES, LLC 401(K) PLAN is $180

In 2022, the estimated average employer match for an employee in ZENITH FREIGHT LINES, LLC 401(K) PLAN is approximately $24

In 2022, ZENITH FREIGHT LINES, LLC 401(K) PLAN allocates $14,432 to match its employees’ contributions, providing an employer match rate of 13.60% of their contributions

In 2022, the total retirement plan asset growth rate of ZENITH FREIGHT LINES, LLC 401(K) PLAN is -88.55%

In 2022, the estimated aggregate retirement account investment gain/loss for ZENITH FREIGHT LINES, LLC 401(K) PLAN is -13.39%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZENITH FREIGHT LINES, LLC 401(K) PLAN is 4.25%.

Enrollment Features

ZENITH FREIGHT LINES, LLC 401(K) 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.