Plan Ledger DOL Form 5500 · updated monthly

Carl Zeiss Meditec Inc.401(k)

CARL ZEISS MEDITEC, INC. RETIREMENT AND INVESTMENT PLAN · DUBLIN, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Carl Zeiss Meditec Inc. reported $45,163 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,901 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 0.01% to 0.02%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 421st-largest of 9,483 plans among California employers on file, and the 870th of 13,661 in manufacturing. In 2024, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$290,749,858
Participants with balances1,592
Active participants1,202
Employer contributions$7,092,628
Employee contributions$14,559,608
Employer contribution per active participant$5,901
Average account balance$182,632
Benefits paid to participants$22,227,623
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$290.7M · 1,592 accts · $7.1M emplr
2023$247.6M · 1,556 accts · $7.4M emplr
2022$205.8M · 1,541 accts · $6.0M emplr
Administrative expenses, itemized · 2024
Investment management$53,334
Total administrative$45,163
The Carl Zeiss Meditec Inc. 401(k) match · 2024
Employer contribution per active participant$5,901
Median for plans this size$4,294
2024$5,901 per active participant
2023$6,272 per active participant
2022$5,336 per active participant

Carl Zeiss Meditec Inc.'s 2024 employer contribution ran above the $4,294 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$53,334
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$45,163 · 0.02%
2023$24,834 · 0.01%
2022$25,362 · 0.01%
Same employer
Similar plansManufacturing · California
Exelixis, Inc. CA$319.0M · 0.00%
Anritsu Company CA$288.7M · 0.06%
Formfactor, Inc. CA$276.8M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943374401 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.