ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN
Plan Contact
- Address: 3101 MCKELVEY RD,ST. LOUIS,MO
- Contact person: LAUREN AMSLER
- Phone: (314) 291-5110
Plan General Information
ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is $17,682,148.00.This plan was established in 1988.
ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is 400
ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is $44,205.00
ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is $3,226.00.
ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is approximately $1,380.00
Investing in this additonal $1,380.00 for 20 years would give you extra $88,372.00, assuming a 10% annual return.
Investing in this additonal $1,380.00 for 20 years would give you extra $88,372.00, assuming a 10% annual return.
ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN Total Employer Contribution and Match Rate
In 2023, ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN allocates $552,328.00 to match its employees' contributions, providing an employer match rate of 44.29% of their contributions
ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is 20.60%.
ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is 18.88%. This measures the effectiveness of the plan participants' investments in the year.
ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of ZOLTEK CORPORATION SAVINGS & PROFIT SHARING PLAN is 0.09%.
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.
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