ZTE USA INC. 401K PLAN

At the end of 2022, the total retirement plan assets of ZTE USA INC. 401K PLAN is $21,827,187.This plan was established in 2003.

At the end of 2022, the total number of retirement plan participants in ZTE USA INC. 401K PLAN is 197

In 2022, the average participant retirement account value for ZTE USA INC. 401K PLAN is $110,797

In 2022, the estimated average employee contribution amount per participant for ZTE USA INC. 401K PLAN is $1,655

In 2022, the estimated average employer match for an employee in ZTE USA INC. 401K PLAN is approximately $766

In 2022, ZTE USA INC. 401K PLAN allocates $150,986 to match its employees’ contributions, providing an employer match rate of 43.11% of their contributions

In 2022, the total retirement plan asset growth rate of ZTE USA INC. 401K PLAN is -27.73%

In 2022, the estimated aggregate retirement account investment gain/loss for ZTE USA INC. 401K PLAN is -18.21%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZTE USA INC. 401K PLAN is 0.08%.

Enrollment Features

ZTE USA INC. 401K 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.