ZIM AMERICAN INTEGRATED SHIPPING SERVICES COMPANY, LLC 401(K) SAVINGS PLAN
Overview
Plan Contact
- Address: 5801 LAKE WRIGHT DR,NORFOLK,VA
- Contact person: JOHN TYLER
- Phone: (757) 228-1300
Plan General Information
At the end of 2022, the total retirement plan assets of ZIM AMERICAN INTEGRATED SHIPPING SERVICES COMPANY, LLC 401(K) SAVINGS PLAN is $31,699,088.This plan was established in 1993.
At the end of 2022, the total number of retirement plan participants in ZIM AMERICAN INTEGRATED SHIPPING SERVICES COMPANY, LLC 401(K) SAVINGS PLAN is 603
In 2022, the average participant retirement account value for ZIM AMERICAN INTEGRATED SHIPPING SERVICES COMPANY, LLC 401(K) SAVINGS PLAN is $52,568
In 2022, the estimated average employee contribution amount per participant for ZIM AMERICAN INTEGRATED SHIPPING SERVICES COMPANY, LLC 401(K) SAVINGS PLAN is $4,661
In 2022, the estimated average employer match for an employee in ZIM AMERICAN INTEGRATED SHIPPING SERVICES COMPANY, LLC 401(K) SAVINGS PLAN is approximately $2,966
In 2022, ZIM AMERICAN INTEGRATED SHIPPING SERVICES COMPANY, LLC 401(K) SAVINGS PLAN allocates $1,788,747 to match its employees’ contributions, providing an employer match rate of 65.21% of their contributions
In 2022, the total retirement plan asset growth rate of ZIM AMERICAN INTEGRATED SHIPPING SERVICES COMPANY, LLC 401(K) SAVINGS PLAN is -11.55%
In 2022, the estimated aggregate retirement account investment gain/loss for ZIM AMERICAN INTEGRATED SHIPPING SERVICES COMPANY, LLC 401(K) SAVINGS PLAN is -17.00%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ZIM AMERICAN INTEGRATED SHIPPING SERVICES COMPANY, LLC 401(K) SAVINGS PLAN is 0.33%.
Enrollment Features
ZIM AMERICAN INTEGRATED SHIPPING SERVICES COMPANY, LLC 401(K) SAVINGS 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.