ZUMTOBEL LIGHTING, INC. 401(K) RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of ZUMTOBEL LIGHTING, INC. 401(K) RETIREMENT SAVINGS PLAN is $12,960,359.This plan was established in 1986.

At the end of 2022, the total number of retirement plan participants in ZUMTOBEL LIGHTING, INC. 401(K) RETIREMENT SAVINGS PLAN is 138

In 2022, the average participant retirement account value for ZUMTOBEL LIGHTING, INC. 401(K) RETIREMENT SAVINGS PLAN is $93,915

In 2022, the estimated average employee contribution amount per participant for ZUMTOBEL LIGHTING, INC. 401(K) RETIREMENT SAVINGS PLAN is $3,569

In 2022, the estimated average employer match for an employee in ZUMTOBEL LIGHTING, INC. 401(K) RETIREMENT SAVINGS PLAN is approximately $1,233

In 2022, ZUMTOBEL LIGHTING, INC. 401(K) RETIREMENT SAVINGS PLAN allocates $170,157 to match its employees’ contributions, providing an employer match rate of 34.17% of their contributions

In 2022, the total retirement plan asset growth rate of ZUMTOBEL LIGHTING, INC. 401(K) RETIREMENT SAVINGS PLAN is -14.81%

In 2022, the estimated aggregate retirement account investment gain/loss for ZUMTOBEL LIGHTING, INC. 401(K) RETIREMENT SAVINGS 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 ZUMTOBEL LIGHTING, INC. 401(K) RETIREMENT SAVINGS PLAN is 0.38%.

Enrollment Features

ZUMTOBEL LIGHTING, INC. 401(K) RETIREMENT SAVINGS 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.