Plan Ledger DOL Form 5500 · updated monthly

Zapata Group Inc401(k)

ZAPATA GROUP INC. 401(K) PROFIT SHARING PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Zapata Group Inc reported $31,109 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,914 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 0.01% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,002nd-largest of 2,005 plans among North Carolina employers on file, and the 895th of 2,534 in administrative & support services. In 2024, employees put in $3.78 for every $1.00 the employer contributed; active participation has grown from 64 to 76 since 2022.

Plan summary
Net assets, end of year$12,194,403
Participants with balances113
Active participants76
Employer contributions$221,468
Employee contributions$836,886
Employer contribution per active participant$2,914
Average account balance$107,915
Benefits paid to participants$690,091
Plan auditUnmodified (clean) audit opinion
AuditorAC CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 113 accts · $221K emplr
2023$10.6M · 109 accts · $184K emplr
2022$9.8M · 103 accts · $156K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,109
Total administrative$31,109
The Zapata Group Inc 401(k) match · 2024
Employer contribution per active participant$2,914
Median for plans this size$2,416
2024$2,914 per active participant
2023$2,481 per active participant
2022$2,434 per active participant

Zapata Group 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$31,109
KESTRA INVESTMENT SERVICES LLC · Other servicesindirect comp

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$31,109 · 0.27%
2023$1,050 · 0.01%
2022$1,291 · 0.01%
Similar plansAdministrative & Support Services · North Carolina
Revco Solutions, Inc. NC$14.3M · 0.41%
W.T. Humphrey, Inc. NC$14.1M · 0.81%
Transportation Impact LLC NC$12.6M · 0.69%
Zapata Group Inc NC$10.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811328685 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.