ZEST ANCHORS, LLC 401(K) PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: 2875 LOKER AVE EAST,CARLSBAD,CA
  • Contact person: KIM SMITH
  • Phone: (760) 743-7744

Plan General Information


At the end of 2021, the total retirement plan assets of ZEST ANCHORS, LLC 401(K) PROFIT SHARING PLAN is $20,167,215.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in ZEST ANCHORS, LLC 401(K) PROFIT SHARING PLAN is 315

In 2021, the average participant retirement account value for ZEST ANCHORS, LLC 401(K) PROFIT SHARING PLAN is $64,022

In 2021, the estimated average employee contribution amount per participant for ZEST ANCHORS, LLC 401(K) PROFIT SHARING PLAN is $3,144

In 2021, the estimated average employer match for an employee in ZEST ANCHORS, LLC 401(K) PROFIT SHARING PLAN is approximately $1,127

In 2021, ZEST ANCHORS, LLC 401(K) PROFIT SHARING PLAN allocates $355,265 to match its employees’ contributions, providing an employer match rate of 35.87% of their contributions

In 2021, the total retirement plan asset growth rate of ZEST ANCHORS, LLC 401(K) PROFIT SHARING PLAN is 11.69%

In 2021, the estimated aggregate retirement account investment gain/loss for ZEST ANCHORS, LLC 401(K) PROFIT SHARING PLAN is 14.36%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of ZEST ANCHORS, LLC 401(K) PROFIT SHARING PLAN is 0.25%.

Enrollment Features

ZEST ANCHORS, LLC 401(K) PROFIT SHARING 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.