Plan Ledger DOL Form 5500 · updated monthly

Primary Surgical, Inc.401(k)

ZB DAVIS 401(K) PLAN · SIOUX FALLS, SD · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Primary Surgical, Inc. reported $72,124 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $3,569 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 0.32% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 72nd-largest of 233 plans among South Dakota employers on file, and the 4,526th of 11,654 in professional & technical services. In 2024, employees put in $2.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,743,477
Participants with balances119
Active participants114
Employer contributions$406,906
Employee contributions$1,079,872
Employer contribution per active participant$3,569
Average account balance$224,735
Benefits paid to participants$1,118,742
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $334K emplr
2024$26.7M · 119 accts · $407K emplr
2023$22.9M · 117 accts · $408K emplr
2022$18.3M · 115 accts · $355K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,777
Investment management$58,347
Total administrative$72,124
The Primary Surgical, Inc. 401(k) match · 2024
Employer contribution per active participant$3,569
Median for plans this size$2,416
2024$3,569 per active participant
2023$3,776 per active participant
2022$3,414 per active participant

Primary Surgical, Inc.'s 2024 employer contribution ran above the $2,416 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
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$58,347
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$13,777

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

Administrative cost history4
2025Not separately reported
2024$72,124 · 0.29%
2023$61,999 · 0.30%
2022$64,862 · 0.32%
Same employer
Similar plansProfessional & Technical Services · South Dakota
Re/Spec Inc. SD$67.4M · 0.32%
Innovative Systems, LLC SD$46.5M · 0.21%
Ketel Thorstenson, LLP SD$35.5M · 0.32%
Global Wireless, Inc. SD$11.3M · 0.96%
Carsforsale.com SD$7.3M · 0.85%
Tak Communications, Inc. SD$6.8M · 0.75%
Issues Management, Inc SD$5.9M · 1.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460403563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.