ZOBER INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: 500 COVENTRY LANE,CROYDON,PA
  • Contact person: JOHN ANSAY
  • Phone: (215) 788-5523

Plan General Information


At the end of 2022, the total retirement plan assets of ZOBER INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is $8,187,253.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in ZOBER INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is 187

In 2022, the average participant retirement account value for ZOBER INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is $43,782

In 2022, the estimated average employee contribution amount per participant for ZOBER INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is $1,421

In 2022, the estimated average employer match for an employee in ZOBER INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is approximately $387

In 2022, ZOBER INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN allocates $72,540 to match its employees’ contributions, providing an employer match rate of 27.95% of their contributions

In 2022, the total retirement plan asset growth rate of ZOBER INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is -22.94%

In 2022, the estimated aggregate retirement account investment gain/loss for ZOBER INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is -17.40%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZOBER INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN is 0.03%.

Enrollment Features

ZOBER INDUSTRIES, INC. 401(K) PROFIT SHARING 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.