Plan Ledger DOL Form 5500 · updated monthly

Zausmer, P.C.401(k)

ZAUSMER, P.C. 401(K) SAVINGS PLAN · FARMINGTON HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Zausmer, P.C. reported $67,716 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $754 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 0.55% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,149th-largest of 2,619 plans among Michigan employers on file, and 6,087th of 11,654 in professional & technical services. In 2024, employees put in $10.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,197,823
Participants with balances178
Active participants166
Employer contributions$125,118
Employee contributions$1,324,084
Employer contribution per active participant$754
Average account balance$96,617
Benefits paid to participants$706,765
Plan auditUnmodified (clean) audit opinion
AuditorDERDERIAN, KANN, SEYFERTH & SALUCCI
Plan history3
Yearassets · accounts · employer contribution
2024$17.2M · 178 accts · $125K emplr
2023$13.9M · 174 accts · $125K emplr
2022$10.4M · 167 accts · $111K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,116
Total administrative$67,716
The Zausmer, P.C. 401(k) match · 2024
Employer contribution per active participant$754
Median for plans this size$2,416
2024$754 per active participant
2023$741 per active participant
2022$635 per active participant

Zausmer, P.C.'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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$63,117

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$67,716 · 0.44%
2023$49,867 · 0.41%
2022$61,072 · 0.55%
Same employer
Similar plansProfessional & Technical Services · Michigan
Trott Law, P.C. MI$17.4M · 0.35%
Gfl Environmental USA Inc. MI$17.2M · 0.12%
Daysmart Software, LLC MI$16.6M · 0.52%
Surveying Solutions, Inc. MI$16.3M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382377387 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.