Plan Ledger DOL Form 5500 · updated monthly

Memphis Zoological Society401(k)

MEMPHIS ZOOLOGICAL SOCIETY RETIREMENT PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Memphis Zoological Society reported $53,702 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $1,317 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 0.74% to 0.68%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Tennessee (898th of 1,496), and 746th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,407,200
Participants with balances230
Active participants246
Employer contributions$323,916
Employee contributions$578,719
Employer contribution per active participant$1,317
Average account balance$36,553
Benefits paid to participants$610,449
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 230 accts · $324K emplr
2023$7.3M · 244 accts · $312K emplr
2022$6.4M · 252 accts · $310K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,702
Total administrative$53,702
The Memphis Zoological Society 401(k) match · 2024
Employer contribution per active participant$1,317
Median for plans this size$1,313
2024$1,317 per active participant
2023$1,318 per active participant
2022$1,354 per active participant

Memphis Zoological Society'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$53,702
MORINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$53,702 · 0.68%
2023$46,012 · 0.67%
2022$52,465 · 0.74%
Same employer
Similar plansArts, Entertainment & Recreation · Tennessee
Nashville Zoo, Inc. TN$6.6M · 0.93%
The Escape Game, LLC TN$5.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237236155 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.