ZOOT ENTERPRISES 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of ZOOT ENTERPRISES 401(K) PROFIT SHARING PLAN is $29,746,889.This plan was established in 1999.

At the end of 2022, the total number of retirement plan participants in ZOOT ENTERPRISES 401(K) PROFIT SHARING PLAN is 471

In 2022, the average participant retirement account value for ZOOT ENTERPRISES 401(K) PROFIT SHARING PLAN is $63,156

In 2022, the estimated average employee contribution amount per participant for ZOOT ENTERPRISES 401(K) PROFIT SHARING PLAN is $5,214

In 2022, the estimated average employer match for an employee in ZOOT ENTERPRISES 401(K) PROFIT SHARING PLAN is approximately $2,040

In 2022, ZOOT ENTERPRISES 401(K) PROFIT SHARING PLAN allocates $961,097 to match its employees’ contributions, providing an employer match rate of 40.96% of their contributions

In 2022, the total retirement plan asset growth rate of ZOOT ENTERPRISES 401(K) PROFIT SHARING PLAN is -13.70%

In 2022, the estimated aggregate retirement account investment gain/loss for ZOOT ENTERPRISES 401(K) PROFIT SHARING PLAN is -17.64%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZOOT ENTERPRISES 401(K) PROFIT SHARING PLAN is 0.32%.

Enrollment Features

ZOOT ENTERPRISES 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.
    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.