ZZOUNDS MUSIC, LLC 401(K) PROFIT SHARING PLAN & TRUST

At the end of 2022, the total retirement plan assets of ZZOUNDS MUSIC, LLC 401(K) PROFIT SHARING PLAN & TRUST is $4,008,892.This plan was established in 2002.

At the end of 2022, the total number of retirement plan participants in ZZOUNDS MUSIC, LLC 401(K) PROFIT SHARING PLAN & TRUST is 179

In 2022, the average participant retirement account value for ZZOUNDS MUSIC, LLC 401(K) PROFIT SHARING PLAN & TRUST is $22,396

In 2022, the estimated average employee contribution amount per participant for ZZOUNDS MUSIC, LLC 401(K) PROFIT SHARING PLAN & TRUST is $2,476

In 2022, the estimated average employer match for an employee in ZZOUNDS MUSIC, LLC 401(K) PROFIT SHARING PLAN & TRUST is approximately $868

In 2022, ZZOUNDS MUSIC, LLC 401(K) PROFIT SHARING PLAN & TRUST allocates $155,374 to match its employees’ contributions, providing an employer match rate of 34.66% of their contributions

In 2022, the total retirement plan asset growth rate of ZZOUNDS MUSIC, LLC 401(K) PROFIT SHARING PLAN & TRUST is -4.50%

In 2022, the estimated aggregate retirement account investment gain/loss for ZZOUNDS MUSIC, LLC 401(K) PROFIT SHARING PLAN & TRUST is -14.44%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ZZOUNDS MUSIC, LLC 401(K) PROFIT SHARING PLAN & TRUST is 0.02%.

Enrollment Features

ZZOUNDS MUSIC, LLC 401(K) PROFIT SHARING PLAN & TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.