Plan Ledger DOL Form 5500 · updated monthly

Zenith American Solutions, Inc.401(k)

ZENITH AMERICAN SOLUTIONS, INC. RETIREMENT SAVINGS · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Zenith American Solutions, Inc. reported $114,375 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $1,015 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 0.19% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 265th-largest of 3,644 plans among Florida employers on file, and the 816th of 4,798 in finance & insurance. In 2024, employees put in $3.72 for every $1.00 the employer contributed; active participation has shrunk from 1,515 to 1,358 since 2022.

Plan summary
Net assets, end of year$128,781,054
Participants with balances1,264
Active participants1,358
Employer contributions$1,378,067
Employee contributions$5,131,039
Employer contribution per active participant$1,015
Average account balance$101,884
Benefits paid to participants$17,774,026
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$128.8M · 1,264 accts · $1.4M emplr
2023$124.1M · 1,271 accts · $1.5M emplr
2022$114.5M · 1,303 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,375
Investment management$40,000
Total administrative$114,375
The Zenith American Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$1,015
Median for plans this size$3,635
2024$1,015 per active participant
2023$1,061 per active participant
2022$977 per active participant

Zenith American Solutions, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$74,375
INVESTMENT RESEARCH & ADVISORY GROU · Investment advisory (plan)$40,000

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$114,375 · 0.09%
2023$249,947 · 0.21%
2022$240,023 · 0.19%
Similar plansFinance & Insurance · Florida
Emigrant Bank FL$162.3M · 0.10%
Amerant Bank, N.A. FL$141.6M · 0.00%
Emigrant Bank FL$129.4M · 0.12%
Range Generation Next LLC FL$112.4M · 0.09%
Ocean Bank FL$107.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521590516 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.