ZINPRO CORPORATION 401(K) PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: 10400 VIKING DRIVE, SUITE 240,EDEN PRAIRIE,MN
  • Contact person: PATRICK M BRUNNER
  • Phone: (952) 983-4000

Plan General Information


At the end of 2022, the total retirement plan assets of ZINPRO CORPORATION 401(K) PROFIT SHARING PLAN is $83,323,387.This plan was established in 1979.

At the end of 2022, the total number of retirement plan participants in ZINPRO CORPORATION 401(K) PROFIT SHARING PLAN is 429

In 2022, the average participant retirement account value for ZINPRO CORPORATION 401(K) PROFIT SHARING PLAN is $194,227

In 2022, the estimated average employee contribution amount per participant for ZINPRO CORPORATION 401(K) PROFIT SHARING PLAN is $8,417

In 2022, the estimated average employer match for an employee in ZINPRO CORPORATION 401(K) PROFIT SHARING PLAN is approximately $5,736

In 2022, ZINPRO CORPORATION 401(K) PROFIT SHARING PLAN allocates $2,461,103 to match its employees’ contributions, providing an employer match rate of 71.75% of their contributions

In 2022, the total retirement plan asset growth rate of ZINPRO CORPORATION 401(K) PROFIT SHARING PLAN is -16.50%

In 2022, the estimated aggregate retirement account investment gain/loss for ZINPRO CORPORATION 401(K) PROFIT SHARING PLAN is -15.99%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZINPRO CORPORATION 401(K) PROFIT SHARING PLAN is 0.00%.

Enrollment Features

ZINPRO CORPORATION 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.
    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.