ZOVIO, INC 401(K) PLAN

At the end of 2022, the total retirement plan assets of ZOVIO, INC 401(K) PLAN is $58,265,489.This plan was established in 2004.

At the end of 2022, the total number of retirement plan participants in ZOVIO, INC 401(K) PLAN is 2149

In 2022, the average participant retirement account value for ZOVIO, INC 401(K) PLAN is $27,112

In 2022, the estimated average employee contribution amount per participant for ZOVIO, INC 401(K) PLAN is $2,008

In 2022, the estimated average employer match for an employee in ZOVIO, INC 401(K) PLAN is approximately $545

In 2022, ZOVIO, INC 401(K) PLAN allocates $1,173,195 to match its employees’ contributions, providing an employer match rate of 33.43% of their contributions

In 2022, the total retirement plan asset growth rate of ZOVIO, INC 401(K) PLAN is -37.71%

In 2022, the estimated aggregate retirement account investment gain/loss for ZOVIO, INC 401(K) PLAN is -18.93%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZOVIO, INC 401(K) PLAN is 0.20%.

Enrollment Features

ZOVIO, INC 401(K) 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.