Plan Ledger DOL Form 5500 · updated monthly

Zero Motorcycles401(k)

ZERO MOTORCYCLES, INC. 401(K) PLAN · SCOTTS VALLEY, CA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Zero Motorcycles reported $114,751 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,762 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 has held roughly steady near 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 3,502nd-largest of 9,483 plans among California employers on file, and the 1,394th of 5,215 in retail trade. In 2024, employees put in $2.55 for every $1.00 the employer contributed; active participation has shrunk from 313 to 205 since 2022.

Plan summary
Net assets, end of year$21,081,663
Participants with balances245
Active participants205
Employer contributions$771,134
Employee contributions$1,968,121
Employer contribution per active participant$3,762
Average account balance$86,048
Benefits paid to participants$3,085,395
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.1M · 245 accts · $771K emplr
2023$18.0M · 250 accts · $852K emplr
2022$13.7M · 261 accts · $846K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,597
Investment management$67,154
Total administrative$114,751
The Zero Motorcycles 401(k) match · 2024
Employer contribution per active participant$3,762
Median for plans this size$2,416
2024$3,762 per active participant
2023$3,277 per active participant
2022$2,703 per active participant

Zero Motorcycles'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 · 20242
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$67,154

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$114,751 · 0.59%
2023$90,768 · 0.57%
2022$77,627 · 0.56%
Same employer
Similar plansRetail Trade · California
Fabfitfun, Inc. CA$22.1M · 0.13%
Allbirds, Inc. CA$21.8M · 0.16%
Brilliant Earth, LLC CA$21.7M · 0.42%
Komoto Pharmacy, Inc. CA$20.6M · 0.05%
Chef Works, Inc. CA$20.4M · 0.38%
Bps Supply Group CA$20.4M · 0.31%
G & M Oil Co., Inc. CA$20.2M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204016877 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.