ZONAR SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST

At the end of 2022, the total retirement plan assets of ZONAR SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST is $25,735,301.This plan was established in 2006.

At the end of 2022, the total number of retirement plan participants in ZONAR SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST is 484

In 2022, the average participant retirement account value for ZONAR SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST is $53,172

In 2022, the estimated average employee contribution amount per participant for ZONAR SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST is $7,798

In 2022, the estimated average employer match for an employee in ZONAR SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST is approximately $3,953

In 2022, ZONAR SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST allocates $1,913,266 to match its employees’ contributions, providing an employer match rate of 51.16% of their contributions

In 2022, the total retirement plan asset growth rate of ZONAR SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST is -6.22%

In 2022, the estimated aggregate retirement account investment gain/loss for ZONAR SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST is -17.03%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZONAR SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST is 0.35%.

Enrollment Features

ZONAR SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST 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.