Z.V. Pate, Inc.401(k)
Z.V. PATE GROUP RETIREMENT SAVINGS & PROFIT SHARING PLAN · NORTH CAROLINA, NC · plan year 2022
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Z.V. Pate, Inc. reported $134,790 in plan administrative expenses for 2022: 0.38% of average plan assets, above the peer median. Employer contributions averaged $2,101 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 0.38% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 548th-largest of 2,005 plans among North Carolina employers on file, and the 157th of 945 in agriculture, forestry & fishing. In 2022, employees put in $1.37 for every $1.00 the employer contributed.
Z.V. Pate, Inc.'s 2022 employer contribution ran below the $2,266 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 560350280 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.