ZT MOTORS 401(K) PLAN

At the end of 2022, the total retirement plan assets of ZT MOTORS 401(K) PLAN is $7,991,801.This plan was established in 2015.

At the end of 2022, the total number of retirement plan participants in ZT MOTORS 401(K) PLAN is 438

In 2022, the average participant retirement account value for ZT MOTORS 401(K) PLAN is $18,246

In 2022, the estimated average employee contribution amount per participant for ZT MOTORS 401(K) PLAN is $1,842

In 2022, the estimated average employer match for an employee in ZT MOTORS 401(K) PLAN is approximately $652

In 2022, ZT MOTORS 401(K) PLAN allocates $285,727 to match its employees’ contributions, providing an employer match rate of 33.97% of their contributions

In 2022, the total retirement plan asset growth rate of ZT MOTORS 401(K) PLAN is -22.65%

In 2022, the estimated aggregate retirement account investment gain/loss for ZT MOTORS 401(K) PLAN is -16.34%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZT MOTORS 401(K) PLAN is 0.16%.

Enrollment Features

ZT MOTORS 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.