Plan Ledger DOL Form 5500 · updated monthly

Zift Solutions, Inc.401(k)

ZIFT SOLUTIONS 401(K) PLAN · CARY, NC · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Zift Solutions, Inc. reported $24,756 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $4,310 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 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,436th of 2,005), and 9,688th of 11,654 in professional & technical services. In 2024, employees put in $2.38 for every $1.00 the employer contributed; active participation has shrunk from 64 to 51 since 2022.

Plan summary
Net assets, end of year$5,300,072
Participants with balances106
Active participants51
Employer contributions$219,830
Employee contributions$523,124
Employer contribution per active participant$4,310
Average account balance$50,001
Benefits paid to participants$1,336,740
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 106 accts · $220K emplr
2023$5.1M · 118 accts · $36K emplr
2022$4.9M · 125 accts · $34K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$931
Investment management$17,210
Audit (IQPA)$6,615
Total administrative$24,756
The Zift Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$4,310
Median for plans this size$1,313
2024$4,310 per active participant
2023$569 per active participant
2022$532 per active participant

Zift Solutions, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20243
CETERA INVESTMENT ADVISORS LLC · Investment advisory (plan)$17,210
FORVIS · Accounting / audit$6,615
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$931

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$24,756 · 0.47%
2023$21,598 · 0.43%
2022$26,120 · 0.48%
Similar plansProfessional & Technical Services · North Carolina
P4 Management Corp NC$5.5M · 0.04%
Avanti Equine NC$5.4M · 1.17%
Pioneer Apco LLC NC$5.1M · 2.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204506719 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.