Plan Ledger DOL Form 5500 · updated monthly

Zampell Refractories, Inc.401(k)

ZAMPELL COMPANIES PROFIT SHARING/401(K) PLAN · NEWBURYPORT, MA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Zampell Refractories, Inc. reported $7,636 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $861 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 0.04% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 947th-largest of 2,726 plans among Massachusetts employers on file, and the 1,446th of 5,337 in construction. In 2024, employees put in $8.47 for every $1.00 the employer contributed; active participation has grown from 221 to 244 since 2022.

Plan summary
Net assets, end of year$32,613,726
Participants with balances249
Active participants244
Employer contributions$210,005
Employee contributions$1,779,443
Employer contribution per active participant$861
Average account balance$130,979
Benefits paid to participants$1,422,360
Plan auditUnmodified (clean) audit opinion
AuditorTONNESON & COMPANY, PC.
Plan history3
Yearassets · accounts · employer contribution
2024$32.6M · 249 accts · $210K emplr
2023$28.2M · 249 accts · $209K emplr
2022$24.3M · 248 accts · $206K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,636
Total administrative$7,636
The Zampell Refractories, Inc. 401(k) match · 2024
Employer contribution per active participant$861
Median for plans this size$2,416
2024$861 per active participant
2023$907 per active participant
2022$932 per active participant

Zampell Refractories, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,636

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$7,636 · 0.03%
2023$5,055 · 0.02%
2022$11,031 · 0.04%
Same employer
Similar plansConstruction · Massachusetts
Harry Grodsky & Co., Inc. MA$35.1M · 0.06%
Commodore Builders LLC MA$35.1M · 0.24%
Ene. Systems Inc. MA$33.3M · 0.15%
J.C. Cannistraro, LLC. MA$33.3M · 0.39%
Nexamp, Inc. MA$31.7M · 0.68%
Dellbrook Construction, LLC MA$30.6M · 0.17%
Erland Construction, Inc. MA$29.9M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042389365 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.