Plan Ledger DOL Form 5500 · updated monthly

Avedis Zildjian Co.401(k)

AVEDIS ZILDJIAN CO. RETIREMENT PLAN · NORWELL, MA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Avedis Zildjian Co. reported $52,242 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $2,263 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 3 years on file its reported administrative ratio has held roughly steady near 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,059th-largest of 2,726 plans among Massachusetts employers on file, and the 4,759th of 13,661 in manufacturing. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has grown from 227 to 257 since 2022.

Plan summary
Net assets, end of year$27,816,672
Participants with balances353
Active participants257
Employer contributions$581,582
Employee contributions$1,274,138
Employer contribution per active participant$2,263
Average account balance$78,801
Benefits paid to participants$1,497,509
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.8M · 353 accts · $582K emplr
2023$22.8M · 341 accts · $561K emplr
2022$19.3M · 311 accts · $485K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,242
Total administrative$52,242
The Avedis Zildjian Co. 401(k) match · 2024
Employer contribution per active participant$2,263
Median for plans this size$2,416
2024$2,263 per active participant
2023$2,253 per active participant
2022$2,135 per active participant

Avedis Zildjian Co.'s 2024 employer contribution ran below the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$52,242

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

Administrative cost history3
2024$52,242 · 0.21%
2023$41,499 · 0.20%
2022$47,557 · 0.20%
Same employer
Similar plansManufacturing · Massachusetts
Vibram Corporation MA$29.1M · 0.36%
The L.S. Starrett Company MA$29.0M · 0.69%
Cox Engineering Company MA$29.0M · 0.13%
The Gem Group, Inc. MA$28.2M · 0.44%
Shawmut LLC MA$27.8M · 0.20%
Nye Lubricants, Inc. MA$26.9M · 0.02%
Harmonic Drive LLC MA$26.9M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 041999190 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.