Plan Ledger DOL Form 5500 · updated monthly

Detroit Zoological Society401(k)

DETROIT ZOOLOGICAL SOCIETY RETIREMENT PLAN · ROYAL OAK, MI · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Detroit Zoological Society reported $42,718 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,527 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 0.23% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 916th-largest of 2,619 plans among Michigan employers on file, and the 372nd of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.31 for every $1.00 the employer contributed; active participation has grown from 291 to 466 since 2022.

Plan summary
Net assets, end of year$23,794,607
Participants with balances460
Active participants466
Employer contributions$711,781
Employee contributions$1,640,867
Employer contribution per active participant$1,527
Average account balance$51,727
Benefits paid to participants$1,165,322
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.8M · 460 accts · $712K emplr
2023$19.6M · 428 accts · $686K emplr
2022$17.1M · 361 accts · $562K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,394
Investment management$14,249
Total administrative$42,718
The Detroit Zoological Society 401(k) match · 2024
Employer contribution per active participant$1,527
Median for plans this size$2,416
2024$1,527 per active participant
2023$1,933 per active participant
2022$1,931 per active participant

Detroit Zoological Society'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 · 20243
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$23,075
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$14,249
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,394

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$42,718 · 0.20%
2023$55,443 · 0.30%
2022$42,703 · 0.23%
Same employer
Similar plansArts, Entertainment & Recreation · Michigan
The Detroit Lions, Inc. MI$34.9M · 0.36%
I.A.T.S.E. Local No. 6 MI$21.8M · 0.81%
Ford Field Management LLC MI$20.0M · 0.41%
Little River Casino Resort MI$18.8M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 386027356 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.