Plan Ledger DOL Form 5500 · updated monthly

Zentech Manufacturing, Inc.401(k)

ZENTECH MANUFACTURING 401(K) PROFIT SHARING PLAN & TRUST · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Zentech Manufacturing, Inc. reported $8,908 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,048 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 0.11% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Maryland (1,141st of 1,671), and 10,130th of 13,661 in manufacturing. In 2024, employees put in $2.70 for every $1.00 the employer contributed; active participation has grown from 227 to 302 since 2022.

Plan summary
Net assets, end of year$7,074,386
Participants with balances210
Active participants302
Employer contributions$316,416
Employee contributions$852,861
Employer contribution per active participant$1,048
Average account balance$33,688
Benefits paid to participants$517,412
Plan auditUnmodified (clean) audit opinion
AuditorFITZPATRICK LEARY SZARKO LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 210 accts · $316K emplr
2023$5.5M · 165 accts · $235K emplr
2022$4.5M · 169 accts · $234K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,908
Total administrative$8,908
The Zentech Manufacturing, Inc. 401(k) match · 2024
Employer contribution per active participant$1,048
Median for plans this size$1,313
2024$1,048 per active participant
2023$938 per active participant
2022$1,029 per active participant

Zentech Manufacturing, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$8,908
ADP BROKER-DEALER · Other servicesindirect comp
HERITAGE FINANCIAL CONSULTANTS · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$8,908 · 0.14%
2023$5,345 · 0.11%
2022$5,686 · 0.11%
Same employer
Similar plansManufacturing · Maryland
Elutia Inc. MD$8.2M · 1.02%
Corporate Press, Inc. MD$7.8M · 0.00%
Holly Poultry, Inc. MD$7.0M · 0.08%
Corporate Press, Inc. MD$6.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454867129 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.