ZYNEX, INC. 401(K) PLAN
Overview
Plan Contact
- Address: 9555 MAROON CIRCLE,ENGLEWOOD,CO
- Contact person: TARA EVANS, FOR TAG RESOURCES
- Phone: (303) 703-4906
Plan General Information
At the end of 2022, the total retirement plan assets of ZYNEX, INC. 401(K) PLAN is $7,847,092.This plan was established in 2011.
At the end of 2022, the total number of retirement plan participants in ZYNEX, INC. 401(K) PLAN is 1022
In 2022, the average participant retirement account value for ZYNEX, INC. 401(K) PLAN is $7,678
In 2022, the estimated average employee contribution amount per participant for ZYNEX, INC. 401(K) PLAN is $2,944
In 2022, the estimated average employer match for an employee in ZYNEX, INC. 401(K) PLAN is approximately $693
In 2022, ZYNEX, INC. 401(K) PLAN allocates $708,720 to match its employees’ contributions, providing an employer match rate of 26.91% of their contributions
In 2022, the total retirement plan asset growth rate of ZYNEX, INC. 401(K) PLAN is 23.20%
In 2022, the estimated aggregate retirement account investment gain/loss for ZYNEX, INC. 401(K) PLAN is -15.72%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ZYNEX, INC. 401(K) PLAN is 1.28%.
Enrollment Features
ZYNEX, INC. 401(K) 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.