Plan Ledger DOL Form 5500 · updated monthly

Gen Four Holding Group LLC401(k)

ZARO'S FAMILY BAKERY 401(K) PLAN FORMERLY KNOWN AS ZARO'S BREAD BASKET 401(K) PLAN · ELMSFORD, NY · plan year 2023

Reported admin expense ratio · 2023
0.66%

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

Gen Four Holding Group LLC reported $8,664 in plan administrative expenses for 2023: 0.66% of average plan assets, above the peer median. Employer contributions averaged $350 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 0.62% to 0.37%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (5,250th of 5,648), and 4,852nd of 5,215 in retail trade. In 2023, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,382,773
Participants with balances143
Active participants135
Employer contributions$47,225
Employee contributions$65,315
Employer contribution per active participant$350
Average account balance$9,670
Benefits paid to participants$157,443
Plan auditUnmodified (clean) audit opinion
AuditorSIMIONE MACCA & LARROW, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$195K · 7 accts · $6K emplr
2023$1.4M · 143 accts · $47K emplr
2022$1.2M · 5 accts · $88K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$8,415
Investment management$249
Total administrative$8,664
The Gen Four Holding Group LLC 401(k) match · 2023
Employer contribution per active participant$350
Median for plans this size$1,308
2024$2,901 per active participant
2023$350 per active participant
2022$670 per active participant

Gen Four Holding Group LLC's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231

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$2,925 · 0.37%
2023$8,664 · 0.66%
2022$7,936 · 0.62%
Similar plansRetail Trade · New York
Huck Finn Clothes, Inc. NY$1.4M · 0.47%
Adoreme, Inc. NY$1.4M · 1.47%
Canada Goose US Inc NY$1.2M · 0.98%
Fao Rock Holding NY$1.1M · 1.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 853629092 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.