Plan Ledger DOL Form 5500 · updated monthly

A & Z Pharmaceutical, Inc.401(k)

A & Z PHARMACEUTICAL, INC. 401(K) PLAN · HAUPPAUGE, NY · plan year 2024

Reported admin expense ratio · 2024
0.96%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

A & Z Pharmaceutical, Inc. reported $37,501 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,189 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.70% to 0.96%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (4,632nd of 5,648), and 11,627th of 13,661 in manufacturing. In 2024, employees put in $1.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,237,986
Participants with balances185
Active participants139
Employer contributions$304,234
Employee contributions$353,228
Employer contribution per active participant$2,189
Average account balance$22,908
Benefits paid to participants$373,487
Plan auditUnmodified (clean) audit opinion
AuditorFARBER,BLICHT,EYERMAN & HERZOG, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 185 accts · $304K emplr
2023$3.6M · 141 accts · $156K emplr
2022$2.9M · 231 accts · $195K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,121
Investment management$13,844
Trustee / custodial$2,111
Total administrative$37,501
The A & Z Pharmaceutical, Inc. 401(k) match · 2024
Employer contribution per active participant$2,189
Median for plans this size$1,313
2024$2,189 per active participant
2023$996 per active participant
2022$1,276 per active participant

A & Z Pharmaceutical, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size. 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
SENTINEL BENEFITS GROUP, LLC · Recordkeeping$21,121
SENTINEL PENSION ADVISORS · Investment advisory (plan)$13,844

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

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Administrative cost history3
2024$37,501 · 0.96%
2023$40,369 · 1.25%
2022$20,790 · 0.70%
Same employer
Similar plansManufacturing · New York
Dyna-Empire LLC NY$4.4M · 0.02%
U.S. Dynamics Corp NY$4.4M · 0.40%
Medisca Inc. NY$4.2M · 0.06%
Natures Value Inc. NY$4.0M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113262018 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.