ZOETIS SAVINGS PLAN

Overview

Plan Contact

  • Address: 10 SYLVAN WAY,PARSIPPANY,NJ
  • Contact person: TAMMY BAKOS
  • Phone: (973) 822-7000

Plan General Information


At the end of 2022, the total retirement plan assets of ZOETIS SAVINGS PLAN is $1,495,589,911.This plan was established in 2013.

At the end of 2022, the total number of retirement plan participants in ZOETIS SAVINGS PLAN is 7505

In 2022, the average participant retirement account value for ZOETIS SAVINGS PLAN is $199,279

In 2022, the estimated average employee contribution amount per participant for ZOETIS SAVINGS PLAN is $9,238

In 2022, the estimated average employer match for an employee in ZOETIS SAVINGS PLAN is approximately $7,480

In 2022, ZOETIS SAVINGS PLAN allocates $56,139,451 to match its employees’ contributions, providing an employer match rate of 88.04% of their contributions

In 2022, the total retirement plan asset growth rate of ZOETIS SAVINGS PLAN is -18.07%

In 2022, the estimated aggregate retirement account investment gain/loss for ZOETIS SAVINGS PLAN is -18.65%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZOETIS SAVINGS PLAN is 0.03%.

Enrollment Features

ZOETIS 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.
    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.