Plan Ledger DOL Form 5500 · updated monthly

Zepf Center403(b)

ZEPF CENTER RETIREMENT SAVINGS PLAN · TOLEDO, OH · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Zepf Center reported $135,033 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,002 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 0.70% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,211th-largest of 3,295 plans among Ohio employers on file, and the 955th of 3,341 in other services. In 2024, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,755,974
Participants with balances537
Active participants424
Employer contributions$848,987
Employee contributions$1,741,682
Employer contribution per active participant$2,002
Average account balance$42,376
Benefits paid to participants$3,703,280
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.8M · 537 accts · $849K emplr
2023$21.0M · 544 accts · $819K emplr
2022$20.2M · 545 accts · $857K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$135,033
Total administrative$135,033
Employer contributions to the Zepf Center plan · 2024
Employer contribution per active participant$2,002
Median for plans this size$2,416
2024$2,002 per active participant
2023$1,884 per active participant
2022$1,893 per active participant

Zepf Center's 2024 employer contribution ran below 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 · 20243
PRINCIPAL LIFE INSURANCE CO · Contract administrator · Loan processing$135,033
PENSION INNOVATIONS & CO · Contract administrator · Other servicesindirect comp
SJS INVESTMENT SERVICES · Investment advisory (plan)indirect comp

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$135,033 · 0.62%
2023$141,464 · 0.69%
2022$132,627 · 0.70%
Same employer
Similar plansOther Services · Ohio
Ventech Solutions Inc OH$26.4M · 0.54%
The Cleveland Foundation OH$24.0M · 0.48%
Step Forward OH$21.9M · 0.11%
Truwest Company, LLC OH$21.5M · 0.26%
Crane 1 Services, Inc. OH$19.0M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341168947 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.