ZIPLY FIBER 401(K) PLAN

At the end of 2022, the total retirement plan assets of ZIPLY FIBER 401(K) PLAN is $133,056,361.This plan was established in 2020.

At the end of 2022, the total number of retirement plan participants in ZIPLY FIBER 401(K) PLAN is 1502

In 2022, the average participant retirement account value for ZIPLY FIBER 401(K) PLAN is $88,586

In 2022, the estimated average employee contribution amount per participant for ZIPLY FIBER 401(K) PLAN is $6,523

In 2022, the estimated average employer match for an employee in ZIPLY FIBER 401(K) PLAN is approximately $1,589

In 2022, ZIPLY FIBER 401(K) PLAN allocates $2,387,384 to match its employees’ contributions, providing an employer match rate of 25.33% of their contributions

In 2022, the total retirement plan asset growth rate of ZIPLY FIBER 401(K) PLAN is -16.49%

In 2022, the estimated aggregate retirement account investment gain/loss for ZIPLY FIBER 401(K) PLAN is -16.15%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZIPLY FIBER 401(K) PLAN is 0.02%.

Enrollment Features

ZIPLY FIBER 401(K) PLAN has the following features:
    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.