Plan Ledger DOL Form 5500 · updated monthly

Mazzetti, Inc.401(k)

MAZZETTI 401(K) PLAN · SAN FRANCISCO, CA · plan year 2023

Reported admin expense ratio · 2023
0.16%

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

Mazzetti, Inc. reported $63,629 in plan administrative expenses for 2023: 0.16% of average plan assets, below the peer median. Employer contributions averaged $2,320 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 0.19% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,026th-largest of 9,483 plans among California employers on file, and the 3,150th of 11,654 in professional & technical services. In 2023, employees put in $4.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,586,343
Participants with balances313
Active participants213
Employer contributions$494,264
Employee contributions$1,979,109
Employer contribution per active participant$2,320
Average account balance$136,059
Benefits paid to participants$4,371,395
Plan auditUnmodified (clean) audit opinion
AuditorTURNER, WARREN, HWANG & CONRAD AC
Plan history3
Yearassets · accounts · employer contribution
2024$42.0M · 312 accts · $586K emplr
2023$42.6M · 313 accts · $494K emplr
2022$37.8M · 321 accts · $522K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,679
Investment management$37,950
Total administrative$63,629
The Mazzetti, Inc. 401(k) match · 2023
Employer contribution per active participant$2,320
Median for plans this size$2,440
2024$2,627 per active participant
2023$2,320 per active participant
2022$2,405 per active participant

Mazzetti, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$25,679
INNOVEST PORTFOLIO SOLUTIONS LLC · Investment advisory (plan) · Investment management$37,950

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)

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

Administrative cost history3
2024$38,320 · 0.09%
2023$63,629 · 0.16%
2022$77,952 · 0.19%
All plans at this employer2
MAZZETTI, INC. EMPLOYEE STOCK OWNERSHIP PLAN & TRUSTESOP
MAZZETTI 401(K) PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 941722463 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.