ZENSAR 401(K) PLAN
Overview
Plan Contact
- Address: 4 TECHNOLOGY DRIVE,,WESTBOROUGH,MA
- Contact person: DEBORAH BARONI
- Phone: (508) 621-5100
Plan General Information
At the end of 2022, the total retirement plan assets of ZENSAR 401(K) PLAN is $76,778,451.This plan was established in 1987.
At the end of 2022, the total number of retirement plan participants in ZENSAR 401(K) PLAN is 1386
In 2022, the average participant retirement account value for ZENSAR 401(K) PLAN is $55,395
In 2022, the estimated average employee contribution amount per participant for ZENSAR 401(K) PLAN is $4,874
In 2022, the estimated average employer match for an employee in ZENSAR 401(K) PLAN is approximately $1,274
In 2022, ZENSAR 401(K) PLAN allocates $1,766,843 to match its employees’ contributions, providing an employer match rate of 26.07% of their contributions
In 2022, the total retirement plan asset growth rate of ZENSAR 401(K) PLAN is -18.80%
In 2022, the estimated aggregate retirement account investment gain/loss for ZENSAR 401(K) PLAN is -19.26%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ZENSAR 401(K) PLAN is 0.07%.
Enrollment Features
ZENSAR 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.
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.