Plan Ledger DOL Form 5500 · updated monthly

Neozene, Inc.401(k)

NEOZENE 401(K) PLAN · LATHROP, CA · plan year 2023

Reported admin expense ratio · 2023
0.89%

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

Neozene, Inc. reported $12,319 in plan administrative expenses for 2023: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2 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 0.95%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (8,498th of 9,483), and 11,025th of 11,654 in professional & technical services. In 2023, employees put in $3998.92 for every $1.00 the employer contributed; active participation has shrunk from 116 to 54 since 2022.

Plan summary
Net assets, end of year$1,597,861
Participants with balances250
Active participants54
Employer contributions$113
Employee contributions$451,878
Employer contribution per active participant$2
Average account balance$6,391
Benefits paid to participants$358,221
Plan auditUnmodified (clean) audit opinion
AuditorCLOONAN & ASSOCIATES, PC
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 66 accts
2023$1.6M · 250 accts · $113 emplr
2022$1.2M · 265 accts
Administrative expenses, itemized · 2023
Investment management$12,319
Total administrative$12,319
The Neozene, Inc. 401(k) match · 2023
Employer contribution per active participant$2
Median for plans this size$1,308

Neozene, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
HUMAN INTEREST ADVISOR LLC · Contract administrator · Investment advisory (plan)$12,319

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

Recordkeeper by year2
2024Human Interest
2023Human Interest

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Administrative cost history3
2024$15,010 · 0.95%
2023$12,319 · 0.89%
2022$9,791 · 0.97%
Similar plansProfessional & Technical Services · California
Luth Research, LLC CA$1.7M · 1.82%
J. Perez Associates, Inc. CA$1.7M · 0.71%
Eastbay Equities Inc CA$1.6M · 0.40%
Coe Orchard Equipment Inc CA$1.6M · 0.26%
Intelliswift Software Inc CA$1.5M · 0.21%
Ccic North America Inc CA$1.5M · 0.74%
Untitled Labs CA$1.4M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453173644 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.