ZEREP MANAGEMENT CORPORATION 401(K) PLAN

Overview

Plan Contact

  • Address: 17445 E. RAILROAD STREET,CITY OF INDUSTRY,CA
  • Contact person: DAVID PEREZ
  • Phone: (626) 961-6291

Plan General Information


At the end of 2022, the total retirement plan assets of ZEREP MANAGEMENT CORPORATION 401(K) PLAN is $16,599,669.This plan was established in 2016.

At the end of 2022, the total number of retirement plan participants in ZEREP MANAGEMENT CORPORATION 401(K) PLAN is 314

In 2022, the average participant retirement account value for ZEREP MANAGEMENT CORPORATION 401(K) PLAN is $52,865

In 2022, the estimated average employee contribution amount per participant for ZEREP MANAGEMENT CORPORATION 401(K) PLAN is $2,936

In 2022, the estimated average employer match for an employee in ZEREP MANAGEMENT CORPORATION 401(K) PLAN is approximately $2,042

In 2022, ZEREP MANAGEMENT CORPORATION 401(K) PLAN allocates $641,342 to match its employees’ contributions, providing an employer match rate of 80.00% of their contributions

In 2022, the total retirement plan asset growth rate of ZEREP MANAGEMENT CORPORATION 401(K) PLAN is -19.36%

In 2022, the estimated aggregate retirement account investment gain/loss for ZEREP MANAGEMENT CORPORATION 401(K) PLAN is -16.44%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZEREP MANAGEMENT CORPORATION 401(K) PLAN is 0.33%.

Enrollment Features

ZEREP MANAGEMENT CORPORATION 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.