ZEN-NOH GRAIN CORPORATION RETIREMENT SAVINGS PLAN

Overview

Plan Contact

  • Address: 1127 HIGHWAY 190,,COVINGTON,LA
  • Contact person: KAREN HOLLIS
  • Phone: (985) 867-3561

Plan General Information


At the end of 2022, the total retirement plan assets of ZEN-NOH GRAIN CORPORATION RETIREMENT SAVINGS PLAN is $61,504,503.This plan was established in 1987.

At the end of 2022, the total number of retirement plan participants in ZEN-NOH GRAIN CORPORATION RETIREMENT SAVINGS PLAN is 369

In 2022, the average participant retirement account value for ZEN-NOH GRAIN CORPORATION RETIREMENT SAVINGS PLAN is $166,678

In 2022, the estimated average employee contribution amount per participant for ZEN-NOH GRAIN CORPORATION RETIREMENT SAVINGS PLAN is $7,258

In 2022, the estimated average employer match for an employee in ZEN-NOH GRAIN CORPORATION RETIREMENT SAVINGS PLAN is approximately $7,915

In 2022, ZEN-NOH GRAIN CORPORATION RETIREMENT SAVINGS PLAN allocates $2,920,898 to match its employees’ contributions, providing an employer match rate of 113.03% of their contributions

In 2022, the total retirement plan asset growth rate of ZEN-NOH GRAIN CORPORATION RETIREMENT SAVINGS PLAN is -10.55%

In 2022, the estimated aggregate retirement account investment gain/loss for ZEN-NOH GRAIN CORPORATION RETIREMENT SAVINGS PLAN is -9.16%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZEN-NOH GRAIN CORPORATION RETIREMENT SAVINGS PLAN is 0.26%.

Enrollment Features

ZEN-NOH GRAIN CORPORATION RETIREMENT SAVINGS 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.