Plan Ledger DOL Form 5500 · updated monthly

Zara USA, Inc.401(k)

ZARA USA & RELATED COMPANIES 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Zara USA, Inc. reported $256,884 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $924 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 0.09% to 0.52%. 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 1,316th-largest of 5,648 plans among New York employers on file, and the 629th of 5,215 in retail trade. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has grown from 2,354 to 3,244 since 2022.

Plan summary
Net assets, end of year$52,751,333
Participants with balances3,910
Active participants3,244
Employer contributions$2,997,980
Employee contributions$6,612,867
Employer contribution per active participant$924
Average account balance$13,491
Benefits paid to participants$7,294,634
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.8M · 3,910 accts · $3.0M emplr
2023$46.0M · 3,882 accts · $3.2M emplr
2022$36.2M · 3,194 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$180,956
Investment management$75,928
Total administrative$256,884
The Zara USA, Inc. 401(k) match · 2024
Employer contribution per active participant$924
Median for plans this size$2,416
2024$924 per active participant
2023$1,203 per active participant
2022$625 per active participant

Zara USA, 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 · 20243
JOHN HANCOCK · Loan processing · Recordkeeping$164,971
MERCER (US) INC MERCER INVESTMENTS · Consulting · Insurance services$75,928

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$256,884 · 0.52%
2023$72,343 · 0.18%
2022$33,100 · 0.09%
Same employer
Similar plansRetail Trade · New York
Rallye Motors, LLC NY$66.0M · 0.02%
Basil Management Group LLC NY$51.3M · 0.26%
Hugo Boss USA NY$51.2M · 0.19%
Bob Johnson Chevrolet NY$50.9M · 0.35%
Adams Fairacre Farms, Inc. NY$47.7M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133471788 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.