ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is $14,661,356.This plan was established in 1988.

At the end of 2022, the total number of retirement plan participants in ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is 352

In 2022, the average participant retirement account value for ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is $41,651

In 2022, the estimated average employee contribution amount per participant for ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is $3,141

In 2022, the estimated average employer match for an employee in ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is approximately $1,398

In 2022, ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN allocates $492,215 to match its employees’ contributions, providing an employer match rate of 43.23% of their contributions

In 2022, the total retirement plan asset growth rate of ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is -18.51%

In 2022, the estimated aggregate retirement account investment gain/loss for ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is -17.95%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is 0.20%.

Enrollment Features

ZOLTEK CORPORATION SAVINGS & 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.