Plan Ledger DOL Form 5500 · updated monthly

Zep Inc.401(k)

ZEP INC. 401(K) PLAN · ATLANTA, GA · plan year 2025

Reported admin expense ratio · 2025
0.12%

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

Zep Inc. reported $198,745 in plan administrative expenses for 2025: 0.12% of average plan assets, above the peer median. Employer contributions averaged $1,960 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 3 years on file its reported administrative ratio fell from 0.15% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other management of companies employers. By assets it is the 199th-largest of 2,160 plans among Georgia employers on file, and the 163rd of 786 in management of companies. In 2025, employees put in $3.11 for every $1.00 the employer contributed; active participation has shrunk from 1,202 to 1,059 since 2022.

Plan summary
Net assets, end of year$169,689,299
Participants with balances1,495
Active participants1,059
Employer contributions$2,075,599
Employee contributions$6,460,707
Employer contribution per active participant$1,960
Average account balance$113,505
Benefits paid to participants$21,377,418
Plan auditUnmodified (clean) audit opinion
AuditorWARREN AVERETTE CPAS AND ADVISORS
Plan history4
Yearassets · accounts · employer contribution
2025$169.7M · 1,495 accts · $2.1M emplr
2024$160.0M · 1,517 accts · $2.1M emplr
2023$154.0M · 1,580 accts · $2.0M emplr
2022$147.9M · 1,679 accts · $2.0M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$105,122
Investment management$93,623
Total administrative$198,745
The Zep Inc. 401(k) match · 2025
Employer contribution per active participant$1,960
Median for plans this size$4,093
2025$1,960 per active participant
2024$1,968 per active participant
2023$1,831 per active participant
2022$1,663 per active participant

Zep Inc.'s 2025 employer contribution ran below the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20256
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$123,264
NFP RETIREMENT INC · Investment management$45,000
ZANETTI FINANCIAL LLC · Investment advisory (participants)$8,978
HIGHTOWER ADVISORS LLC · Investment advisory (participants)$8,425
SMITH ANGLIN FINANCIAL LLC · Investment advisory (participants)$7,810
CHARLES SCHWAB & CO., INC. · Securities brokerage$4,380

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

Recordkeeper by year3
2025Charles Schwab
2024Charles Schwab
2023Charles Schwab

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Administrative cost history4
2025$198,745 · 0.12%
2024$196,976 · 0.13%
2023$228,776 · 0.15%
2022$250,417 · 0.15%
Same employer
Similar plansManagement of Companies · Georgia
Heidelberg Americas, Inc. GA$228.5M · 0.08%
Snf Holding Company GA$182.5M · 0.17%
Techcxo, LLC GA$42.0M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260783366 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.