Plan Ledger DOL Form 5500 · updated monthly

Zenar Corporation401(k)

ZENAR CORPORATION PROFIT SHARING PLAN AND TRUST · OAK CREEK, WI · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Zenar Corporation reported $34,810 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,920 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 0.19% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,005th of 1,936), and the 6,790th of 13,661 in manufacturing. In 2024, employees put in $1.39 for every $1.00 the employer contributed; active participation has grown from 117 to 137 since 2022.

Plan summary
Net assets, end of year$16,086,857
Participants with balances157
Active participants137
Employer contributions$400,000
Employee contributions$556,637
Employer contribution per active participant$2,920
Average account balance$102,464
Benefits paid to participants$743,013
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 157 accts · $400K emplr
2023$14.0M · 150 accts · $275K emplr
2022$12.0M · 142 accts · $200K emplr
Administrative expenses, itemized · 2024
Investment management$34,810
Total administrative$34,810
The Zenar Corporation 401(k) match · 2024
Employer contribution per active participant$2,920
Median for plans this size$2,416
2024$2,920 per active participant
2023$2,099 per active participant
2022$1,709 per active participant

Zenar Corporation'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 · 20241
ALERUS FINANCIAL, N.A. · Trustee · Recordkeeping$34,341

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

Recordkeeper by year2
2024Alerus
2023Alerus

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Administrative cost history3
2024$34,810 · 0.23%
2023$27,670 · 0.21%
2022$25,102 · 0.19%
Similar plansManufacturing · Wisconsin
Weldall Mfg., Inc. WI$16.3M · 0.23%
Latitude Corp. WI$16.2M · 0.39%
Power Test, Inc. WI$16.2M · 0.42%
Kcs International, Inc. WI$16.0M · 0.15%
Renewaire, LLC WI$15.7M · 0.33%
Spectrum Industries, Inc. WI$15.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391175385 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.