Plan Ledger DOL Form 5500 · updated monthly

Kazoo, Inc.401(k)

KAZOO 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Kazoo, Inc. reported $21,367 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $1,551 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 0.43%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (3,912th of 5,688), and 9,563rd of 11,654 in professional & technical services. In 2024, employees put in $9.59 for every $1.00 the employer contributed; active participation has shrunk from 95 to 56 since 2022.

Plan summary
Net assets, end of year$5,577,097
Participants with balances161
Active participants56
Employer contributions$86,872
Employee contributions$832,812
Employer contribution per active participant$1,551
Average account balance$34,640
Benefits paid to participants$505,231
Plan auditUnmodified (clean) audit opinion
AuditorMAXWELL LOCKE & RITTER
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 161 accts · $87K emplr
2023$4.5M · 170 accts · $105K emplr
2022$3.2M · 176 accts · $54K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,574
Investment management$19,793
Total administrative$21,367
The Kazoo, Inc. 401(k) match · 2024
Employer contribution per active participant$1,551
Median for plans this size$1,313
2024$1,551 per active participant
2023$1,383 per active participant
2022$566 per active participant

Kazoo, Inc.'s 2024 employer contribution ran above the $1,313 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
THE VANGUARD GROUP, INC. · Recordkeeping$1,574
ALLIANT RETIREMENT CONS. · Investment advisory (plan)$19,793

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$21,367 · 0.43%
2023$20,315 · 0.53%
2022$22,831 · 0.62%
Same employer
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Legend Lending Corp. TX$5.7M · 0.29%
Js Operating Company, LP TX$5.6M · 0.19%
Godwin Bowman PC TX$5.6M · 0.84%
Digital Air Control, Inc. TX$5.5M · 0.05%
Powertherm Co Inc TX$5.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463734515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.