Plan Ledger DOL Form 5500 · updated monthly

Corza Medical Inc.401(k)

CORZA MEDICAL 401(K) PLAN · WESTWOOD, MA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Corza Medical Inc. reported $99,245 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $3,869 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 0.32% to 0.27%. 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 883rd-largest of 2,726 plans among Massachusetts employers on file, and the 3,930th of 13,661 in manufacturing. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,312,396
Participants with balances436
Active participants371
Employer contributions$1,435,431
Employee contributions$3,055,465
Employer contribution per active participant$3,869
Average account balance$83,285
Benefits paid to participants$8,559,456
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$36.3M · 436 accts · $1.4M emplr
2023$35.9M · 439 accts · $1.3M emplr
2022$25.0M · 288 accts · $761K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,362
Investment management$45,483
Audit (IQPA)$19,400
Total administrative$99,245
The Corza Medical Inc. 401(k) match · 2024
Employer contribution per active participant$3,869
Median for plans this size$2,416
2024$3,869 per active participant
2023$3,441 per active participant
2022$1,890 per active participant

Corza Medical Inc.'s 2024 employer contribution ran above 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 · 20244
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$35,842
GLOBAL RETIREMENT PARTNERS LLC · Investment management$44,153
WIPFLI LLP · Accounting / audit$19,250
CHARLES SCHWAB & CO., INC. · Securities brokerage$41

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$99,245 · 0.27%
2023$111,687 · 0.37%
2022$82,867 · 0.32%
Same employer
Similar plansManufacturing · Massachusetts
Lemaitre Vascular, Inc. MA$38.3M · 0.16%
Advanced Instruments, LLC MA$38.1M · 0.21%
Kayem Foods, Inc. MA$37.9M · 0.45%
Home Market Foods, Inc. MA$36.0M · 0.14%
Epic Enterprises, Inc. MA$35.7M · 0.26%
Wellness Pet Company MA$34.5M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912089490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.