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.