CARL ZEISS, INC. 401(K) SAVINGS & INVESTMENT PLAN
Overview
Plan Contact
- Address: ONE NORTH BROADWAY,WHITE PLAINS,NY
- Contact person: KEITH DIXON
- Phone: (914) 747-1800
Plan General Information
At the end of 2022, the total retirement plan assets of CARL ZEISS, INC. 401(K) SAVINGS & INVESTMENT PLAN is $254,582,566.This plan was established in 1988.
At the end of 2022, the total number of retirement plan participants in CARL ZEISS, INC. 401(K) SAVINGS & INVESTMENT PLAN is 1914
In 2022, the average participant retirement account value for CARL ZEISS, INC. 401(K) SAVINGS & INVESTMENT PLAN is $133,010
In 2022, the estimated average employee contribution amount per participant for CARL ZEISS, INC. 401(K) SAVINGS & INVESTMENT PLAN is $7,817
In 2022, the estimated average employer match for an employee in CARL ZEISS, INC. 401(K) SAVINGS & INVESTMENT PLAN is approximately $4,084
In 2022, CARL ZEISS, INC. 401(K) SAVINGS & INVESTMENT PLAN allocates $7,817,087 to match its employees’ contributions, providing an employer match rate of 55.10% of their contributions
In 2022, the total retirement plan asset growth rate of CARL ZEISS, INC. 401(K) SAVINGS & INVESTMENT PLAN is -16.98%
In 2022, the estimated aggregate retirement account investment gain/loss for CARL ZEISS, INC. 401(K) SAVINGS & INVESTMENT PLAN is -18.77%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of CARL ZEISS, INC. 401(K) SAVINGS & INVESTMENT PLAN is -0.01%.
Enrollment Features
CARL ZEISS, INC. 401(K) SAVINGS & INVESTMENT 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.