ZITO MEDIA RETIREMENT SAVINGS PLAN

Overview

Plan Contact

  • Address: 102 SOUTH MAIN STREET,COUDERSPORT,PA
  • Phone: (814) 260-9571

Plan General Information


At the end of 2022, the total retirement plan assets of ZITO MEDIA RETIREMENT SAVINGS PLAN is $11,549,956.This plan was established in 2005.

At the end of 2022, the total number of retirement plan participants in ZITO MEDIA RETIREMENT SAVINGS PLAN is 357

In 2022, the average participant retirement account value for ZITO MEDIA RETIREMENT SAVINGS PLAN is $32,352

In 2022, the estimated average employee contribution amount per participant for ZITO MEDIA RETIREMENT SAVINGS PLAN is $1,857

In 2022, the estimated average employer match for an employee in ZITO MEDIA RETIREMENT SAVINGS PLAN is approximately $1,431

In 2022, ZITO MEDIA RETIREMENT SAVINGS PLAN allocates $511,008 to match its employees’ contributions, providing an employer match rate of 76.64% of their contributions

In 2022, the total retirement plan asset growth rate of ZITO MEDIA RETIREMENT SAVINGS PLAN is -16.20%

In 2022, the estimated aggregate retirement account investment gain/loss for ZITO MEDIA RETIREMENT SAVINGS PLAN is -18.49%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZITO MEDIA RETIREMENT SAVINGS PLAN is 0.54%.

Enrollment Features

ZITO MEDIA RETIREMENT SAVINGS 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.