ZEOMEGA, INC. 401(K) PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: 6200 TENNYSON PKWY,,PLANO,TX
  • Contact person: VIREN GANDHI
  • Phone: (214) 618-9880

Plan General Information


At the end of 2022, the total retirement plan assets of ZEOMEGA, INC. 401(K) PROFIT SHARING PLAN is $7,064,209.This plan was established in 2012.

At the end of 2022, the total number of retirement plan participants in ZEOMEGA, INC. 401(K) PROFIT SHARING PLAN is 118

In 2022, the average participant retirement account value for ZEOMEGA, INC. 401(K) PROFIT SHARING PLAN is $59,866

In 2022, the estimated average employee contribution amount per participant for ZEOMEGA, INC. 401(K) PROFIT SHARING PLAN is $8,656

In 2022, the estimated average employer match for an employee in ZEOMEGA, INC. 401(K) PROFIT SHARING PLAN is approximately $1,901

In 2022, ZEOMEGA, INC. 401(K) PROFIT SHARING PLAN allocates $224,367 to match its employees’ contributions, providing an employer match rate of 23.14% of their contributions

In 2022, the total retirement plan asset growth rate of ZEOMEGA, INC. 401(K) PROFIT SHARING PLAN is -3.99%

In 2022, the estimated aggregate retirement account investment gain/loss for ZEOMEGA, INC. 401(K) PROFIT SHARING PLAN is -14.54%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZEOMEGA, INC. 401(K) PROFIT SHARING PLAN is 0.36%.

Enrollment Features

ZEOMEGA, INC. 401(K) PROFIT SHARING 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.