Plan Ledger DOL Form 5500 · updated monthly

John Ball Zoo401(k)

JOHN BALL ZOO 401(K) PROFIT SHARING PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

John Ball Zoo reported $1,294 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,068 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 1 year on file its reported administrative ratio fell from 0.023% to 0.018%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Michigan (1,681st of 2,619), and 1,838th of 3,341 in other services. In 2024, employees put in $1.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,231,972
Participants with balances187
Active participants141
Employer contributions$573,610
Employee contributions$694,260
Employer contribution per active participant$4,068
Average account balance$44,021
Benefits paid to participants$430,290
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$8.2M · 187 accts · $574K emplr
2023$6.4M · 167 accts · $505K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,294
Total administrative$1,294
The John Ball Zoo 401(k) match · 2024
Employer contribution per active participant$4,068
Median for plans this size$1,313
2024$4,068 per active participant
2023$4,007 per active participant

John Ball Zoo's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,294

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

Administrative cost history2
2024$1,294 · 0.02%
2023$1,406 · 0.02%
Same employer
Similar plansOther Services · Michigan
Thresholds, Inc. MI$7.5M · 0.01%
Burnips Equipment Company MI$7.3M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 386076879 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.