ZURN 401(K) PLAN

Overview

Plan Contact

  • Address: 511 FRESHWATER WAY,MILWAUKEE,WI
  • Contact person: HAYLEY KUCHARSKI
  • Phone: (414) 223-2067

Plan General Information


At the end of 2022, the total retirement plan assets of ZURN 401(K) PLAN is $201,441,518.This plan was established in 2003.

At the end of 2022, the total number of retirement plan participants in ZURN 401(K) PLAN is 3368

In 2022, the average participant retirement account value for ZURN 401(K) PLAN is $59,810

In 2022, the estimated average employee contribution amount per participant for ZURN 401(K) PLAN is $1,665

In 2022, the estimated average employer match for an employee in ZURN 401(K) PLAN is approximately $495

In 2022, ZURN 401(K) PLAN allocates $1,669,243 to match its employees’ contributions, providing an employer match rate of 25.04% of their contributions

In 2022, the total retirement plan asset growth rate of ZURN 401(K) PLAN is -25.12%

In 2022, the estimated aggregate retirement account investment gain/loss for ZURN 401(K) PLAN is -16.22%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZURN 401(K) PLAN is 0.19%.

Enrollment Features

ZURN 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.