ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN
Overview
Plan Contact
- Address: 3101 MCKELVEY RD,ST. LOUIS,MO
- Contact person: LAUREN AMSLER
- Phone: (314) 291-5110
Plan General Information
At the end of 2022, the total retirement plan assets of ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is $14,661,356.This plan was established in 1988.
At the end of 2022, the total number of retirement plan participants in ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is 352
In 2022, the average participant retirement account value for ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is $41,651
In 2022, the estimated average employee contribution amount per participant for ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is $3,141
In 2022, the estimated average employer match for an employee in ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is approximately $1,398
In 2022, ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN allocates $492,215 to match its employees’ contributions, providing an employer match rate of 43.23% of their contributions
In 2022, the total retirement plan asset growth rate of ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is -18.51%
In 2022, the estimated aggregate retirement account investment gain/loss for ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is -17.95%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is 0.20%.
Enrollment Features
ZOLTEK CORPORATION SAVINGS & PROFIT SHARING 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.