Retirement plan

ZSPACE, INC 401K PLAN

Name: ZSPACE, INC. - ZSPACE, INC 401K PLAN (2022) Form 5500
Creator: ZSPACE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ZSPACE, INC 401K PLAN, ZSPACE, INC.

ZSPACE, INC.EIN 35-2284050Plan #001PY 2022

2050 GATEWAY PL, SUITE 100-302 - SAN JOSE, CA 95110408-498-4050zspace.comLinkedIn51-200 employeescomputer hardware

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$9.1M

-8.5% from 2021

Total participants

149

+8.0% from 2021

Average account balance

$73,597

-4.8% from 2021

Annual return

-18.14%

-37.16 pp from 2021

Benchmarks

See 14,494 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,494 peers

Snapshot2022

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$15.62M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$135K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

116

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

88.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+20.42%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$21

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 1 by compensation

Provider	Service type	Compensation
WESPAC PLAN SERVICES, LLC6 years Service code 15 · EIN 26-2824865 4 ORINDA WAY · ORINDA, CA 94563	Recordkeeping	$12,022

Plan features & details

Pension benefit codes2E2F2G2J2T3D2R

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$12K

$134 / participant

Contract admin$10K80.7%
Other / not subdivided$2K19.3%

% of EOY assets

0.132%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ABBOTT, STRINGHAM & LYNCH
Auditor EIN: 770051130
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$73,597

$71,878+2.4%

$86,698-15.1%

$68,486+7.5%

Participation rate

72.2%

72.2%0pp

76.6%-4.4pp

67.9%+4.3pp

Annual return

-18.14%

3.53%-21.7pp

35.95%-54.1pp

-7.85%-10.3pp

Employer contribution / active EE

$1,386

$2,173-36.2%

$2,837-51.1%

$2,597-46.6%

Participant deferral / active EE

$10,025

$3,779+165.3%

$4,656+115.3%

$4,028+148.9%

Admin fee / account holder

$97

$6,113-98.4%

$7,493-98.7%

$5,404-98.2%

Provider

Service type

Compensation

WESPAC PLAN SERVICES, LLC6 years

Service code 15 · EIN 26-2824865

4 ORINDA WAY · ORINDA, CA 94563

Recordkeeping

$12,022

ZSPACE, INC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ZSPACE, INC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion