ZOOM VIDEO COMMUNICATIONS, INC. 401K PROFIT SHARING PLAN TRUST

Overview

Plan Contact

  • Address: 55 ALMADEN BLVD. SUITE 600,SAN JOSE,CA
  • Contact person: NATASHA SHEPHERD
  • Phone: (408) 250-9286

Plan General Information


At the end of 2022, the total retirement plan assets of ZOOM VIDEO COMMUNICATIONS, INC. 401K PROFIT SHARING PLAN TRUST is $179,890,940.This plan was established in 2012.

At the end of 2022, the total number of retirement plan participants in ZOOM VIDEO COMMUNICATIONS, INC. 401K PROFIT SHARING PLAN TRUST is 4134

In 2022, the average participant retirement account value for ZOOM VIDEO COMMUNICATIONS, INC. 401K PROFIT SHARING PLAN TRUST is $43,514

In 2022, the estimated average employee contribution amount per participant for ZOOM VIDEO COMMUNICATIONS, INC. 401K PROFIT SHARING PLAN TRUST is $16,083

In 2022, the estimated average employer match for an employee in ZOOM VIDEO COMMUNICATIONS, INC. 401K PROFIT SHARING PLAN TRUST is approximately $1,142

In 2022, ZOOM VIDEO COMMUNICATIONS, INC. 401K PROFIT SHARING PLAN TRUST allocates $4,721,719 to match its employees’ contributions, providing an employer match rate of 8.62% of their contributions

In 2022, the total retirement plan asset growth rate of ZOOM VIDEO COMMUNICATIONS, INC. 401K PROFIT SHARING PLAN TRUST is 29.74%

In 2022, the estimated aggregate retirement account investment gain/loss for ZOOM VIDEO COMMUNICATIONS, INC. 401K PROFIT SHARING PLAN TRUST is -16.42%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZOOM VIDEO COMMUNICATIONS, INC. 401K PROFIT SHARING PLAN TRUST is 0.17%.

Enrollment Features

ZOOM VIDEO COMMUNICATIONS, INC. 401K 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.
    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.