ZEP INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of ZEP INC. 401(K) PLAN is $147,909,327.This plan was established in 1961.

At the end of 2022, the total number of retirement plan participants in ZEP INC. 401(K) PLAN is 1897

In 2022, the average participant retirement account value for ZEP INC. 401(K) PLAN is $77,970

In 2022, the estimated average employee contribution amount per participant for ZEP INC. 401(K) PLAN is $3,356

In 2022, the estimated average employer match for an employee in ZEP INC. 401(K) PLAN is approximately $1,053

In 2022, ZEP INC. 401(K) PLAN allocates $1,998,561 to match its employees’ contributions, providing an employer match rate of 30.66% of their contributions

In 2022, the total retirement plan asset growth rate of ZEP INC. 401(K) PLAN is -24.04%

In 2022, the estimated aggregate retirement account investment gain/loss for ZEP INC. 401(K) PLAN is -16.60%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZEP INC. 401(K) PLAN is 0.17%.

Enrollment Features

ZEP INC. 401(K) 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.
    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.