Plan Ledger DOL Form 5500 · updated monthly

Ro-Zap Enterprises, Inc.401(k)

RO-ZAP ENTERPRISES, INC. PROFIT SHARING 401(K) PLAN · SOUTH GLENS FALLS, NY · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Ro-Zap Enterprises, Inc. reported $71,984 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,024 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 rose from 0.43% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,824th-largest of 5,648 plans among New York employers on file, and the 1,783rd of 5,215 in retail trade. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 242 to 367 since 2022.

Plan summary
Net assets, end of year$16,268,531
Participants with balances258
Active participants367
Employer contributions$742,683
Employee contributions$1,441,576
Employer contribution per active participant$2,024
Average account balance$63,056
Benefits paid to participants$378,333
Plan auditUnmodified (clean) audit opinion
AuditorCMJ, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 258 accts · $743K emplr
2023$12.1M · 225 accts · $641K emplr
2022$8.6M · 189 accts · $572K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,395
Investment management$52,589
Audit (IQPA)$13,000
Total administrative$71,984
The Ro-Zap Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$2,024
Median for plans this size$2,416
2024$2,024 per active participant
2023$1,986 per active participant
2022$2,365 per active participant

Ro-Zap Enterprises, Inc.'s 2024 employer contribution ran below 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
GLENS FALLS NATIONAL BANK AND TRUST · Recordkeeping · Trustee$58,984
CMJ, LLP · Accounting / audit$13,000

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

Recordkeeper by year2
2024GLENS FALLS NATIONAL BANK AND TRUST
2023GLENS FALLS NATIONAL BANK AND TRUST

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Administrative cost history3
2024$71,984 · 0.51%
2023$47,260 · 0.46%
2022$37,211 · 0.43%
Same employer
Similar plansRetail Trade · New York
Davidson Chevrolet, Inc. NY$17.0M · 0.34%
Joe Basil Chevrolet NY$16.9M · 0.41%
Vroom Inc. NY$16.3M · 0.74%
Williams Lumber Inc. NY$16.1M · 0.35%
Simmons Rockwell NY$16.0M · 0.51%
Hauser & Wirth, Inc. NY$15.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141638813 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.