How much does Zwr Holdings, Inc. contribute to its ESOP?

In 2022, employer contributions to the Zwr Holdings, Inc. plan averaged $7,226 per active participant, above the $331 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Zwr Holdings, Inc. 401(k)?

The average participant account balance was -$214,472 for plan year 2022, based on 283 accounts.

Zwr Holdings, Inc.ESOP

Name: Zwr Holdings, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

ZWR HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · CHARLOTTE, NC · plan year 2022

Employer contribution per participant · 2022

$7,226

Zwr Holdings, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held -$60,695,603 across 283 participant accounts, with employer contributions averaging $7,226 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other manufacturing employers.

Plan summary
Net assets, end of year-$60,695,603
Participants with balances283
Active participants249
Employer contributions$1,799,356
Employee contributions—
Employer contribution per active participant$7,226
Average account balance-$214,472
Plan auditUnmodified (clean) audit opinion
AuditorMSTILLER LLC

Employer contributions to the Zwr Holdings, Inc. plan · 2022

Employer contribution per active participant$7,226

Median for plans this size$331

Zwr Holdings, Inc.'s 2022 employer contribution ran above the $331 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

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Source: U.S. Department of Labor, Form 5500 series, EIN 874084767 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.