Plan Ledger DOL Form 5500 · updated monthly

Maz Shared Management Company, LLC401(k)

THE MAZZELLA COMPANIES SAVINGS & RETIREMENT PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Maz Shared Management Company, LLC reported $362,210 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,663 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 3 years on file its reported administrative ratio has held roughly steady near 0.65%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 567th-largest of 3,295 plans among Ohio employers on file, and the 2,763rd of 13,661 in manufacturing. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has grown from 749 to 1,039 since 2022.

Plan summary
Net assets, end of year$60,188,822
Participants with balances1,176
Active participants1,039
Employer contributions$2,766,708
Employee contributions$5,847,030
Employer contribution per active participant$2,663
Average account balance$51,181
Benefits paid to participants$7,716,903
Plan auditUnmodified (clean) audit opinion
AuditorCBIZ
Plan history3
Yearassets · accounts · employer contribution
2024$60.2M · 1,176 accts · $2.8M emplr
2023$51.4M · 995 accts · $2.1M emplr
2022$42.8M · 786 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,849
Investment management$249,695
Trustee / custodial$16,666
Total administrative$362,210
The Maz Shared Management Company, LLC 401(k) match · 2024
Employer contribution per active participant$2,663
Median for plans this size$3,635
2024$2,663 per active participant
2023$2,290 per active participant
2022$2,416 per active participant

Maz Shared Management Company, LLC's 2024 employer contribution ran below the $3,635 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
NEWPORT GROUP, INC. · Recordkeeping · Consulting$95,849
CREATIVE PLANNING SERVICES, INC. · Investment advisory (plan) · Investment management$249,424
NEWPORT TRUST COMPANY · Trustee · Trustee (discretionary)$16,666

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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Administrative cost history3
2024$362,210 · 0.65%
2023$299,805 · 0.64%
2022$283,537 · 0.62%
Similar plansManufacturing · Ohio
Pilot Chemical Company OH$62.5M · 0.02%
Gg Brands Company OH$61.9M · 0.29%
Fuyao Glass America Inc. OH$60.4M · 0.51%
Kalmbach Feeds, Inc. OH$59.4M · 0.22%
Masterbrand Cabinets LLC OH$59.2M · 0.21%
Ask Chemicals, LP OH$59.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452600873 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.