ZOOX, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 1149 CHESS DR.,FOSTER CITY,CA
  • Contact person: FEARGAL MOORHEAD
  • Phone: (650) 823-3966

Plan General Information


At the end of 2022, the total retirement plan assets of ZOOX, INC. 401(K) PLAN is $70,781,475.This plan was established in 2016.

At the end of 2022, the total number of retirement plan participants in ZOOX, INC. 401(K) PLAN is 1773

In 2022, the average participant retirement account value for ZOOX, INC. 401(K) PLAN is $39,921

In 2022, the estimated average employee contribution amount per participant for ZOOX, INC. 401(K) PLAN is $13,514

In 2022, the estimated average employer match for an employee in ZOOX, INC. 401(K) PLAN is approximately $0

In 2022, ZOOX, INC. 401(K) PLAN allocates $1,759 to match its employees’ contributions, providing an employer match rate of 0.01% of their contributions

In 2022, the total retirement plan asset growth rate of ZOOX, INC. 401(K) PLAN is 19.00%

In 2022, the estimated aggregate retirement account investment gain/loss for ZOOX, INC. 401(K) PLAN is -17.51%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZOOX, INC. 401(K) PLAN is 0.06%.

Enrollment Features

ZOOX, INC. 401(K) 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.