Plan Ledger DOL Form 5500 · updated monthly

Zel Technologies, LLC401(k)

ZEL TECHNOLOGIES, LLC PROFIT SHARING & 401(K) PLAN · HAMPTON, VA · plan year 2023

Reported admin expense ratio · 2023
0.17%

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

Zel Technologies, LLC reported $41,647 in plan administrative expenses for 2023: 0.17% of average plan assets, below the peer median. Employer contributions averaged $3,267 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 0.20% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 841st-largest of 2,266 plans among Virginia employers on file, and the 4,702nd of 11,654 in professional & technical services. In 2023, employees put in $2.77 for every $1.00 the employer contributed; active participation has shrunk from 153 to 126 since 2022.

Plan summary
Net assets, end of year$25,370,473
Participants with balances321
Active participants126
Employer contributions$411,637
Employee contributions$1,142,070
Employer contribution per active participant$3,267
Average account balance$79,036
Benefits paid to participants$5,580,459
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.9M · 324 accts · $387K emplr
2023$25.4M · 321 accts · $412K emplr
2022$25.0M · 360 accts · $478K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$37,288
Investment management$4,359
Total administrative$41,647
The Zel Technologies, LLC 401(k) match · 2023
Employer contribution per active participant$3,267
Median for plans this size$2,440
2024$2,373 per active participant
2023$3,267 per active participant
2022$3,127 per active participant

Zel Technologies, LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$37,288

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$46,445 · 0.18%
2023$41,647 · 0.17%
2022$57,984 · 0.20%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 541788344 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.