Plan Ledger DOL Form 5500 · updated monthly

Azz Inc.401(k)

AZZ INC. EMPLOYEE BENEFIT PLAN AND TRUST · FORT WORTH, TX · plan year 2022

Reported admin expense ratio · 2022
0.29%

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

Azz Inc. reported $498,167 in plan administrative expenses for 2022: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,884 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 fell from 0.29% to 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other manufacturing employers. By assets it is the 463rd-largest of 5,688 plans among Texas employers on file, and the 1,376th of 13,661 in manufacturing. In 2022, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$157,162,841
Participants with balances4,223
Active participants3,023
Employer contributions$5,694,760
Employee contributions$11,718,495
Employer contribution per active participant$1,884
Average account balance$37,216
Benefits paid to participants$17,671,383
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$117.6M · 3,256 accts · $3.8M emplr
2023$113.1M · 3,945 accts · $4.2M emplr
2022$157.2M · 4,223 accts · $5.7M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$455,523
Investment management$42,391
Total administrative$498,167
The Azz Inc. 401(k) match · 2022
Employer contribution per active participant$1,884
Median for plans this size$3,449
2024$1,533 per active participant
2023$1,741 per active participant
2022$1,884 per active participant

Azz Inc.'s 2022 employer contribution ran below the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$278,476 · 0.24%
2023$342,922 · 0.25%
2022$498,167 · 0.29%
Same employer
Similar plansManufacturing · Texas
Ennis, Inc. TX$165.5M · 0.12%
Tpc Group LLC TX$164.9M · 0.06%
Indorama Ventures Oxides LLC TX$159.8M · 0.20%
Daisy Brand LLC TX$155.2M · 0.18%
Orthofix Inc. TX$152.6M · 0.09%
Acme Building Brands, Inc. TX$145.8M · 0.30%
Bodycote Imt, Inc. TX$140.1M · 0.23%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 750948250 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.