Plan Ledger DOL Form 5500 · updated monthly

Zingermans Community of Businesses401(k)

ZINGERMANS COMMUNITY OF BUSINESSES EMPLOYEES 401K PLAN · ANN ARBOR, MI · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Zingermans Community of Businesses reported $101,006 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $326 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 0.71% to 0.60%. 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 1,094th-largest of 2,619 plans among Michigan employers on file, and the 1,578th of 5,215 in retail trade. In 2024, employees put in $6.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,517,872
Participants with balances619
Active participants549
Employer contributions$178,807
Employee contributions$1,228,948
Employer contribution per active participant$326
Average account balance$29,916
Benefits paid to participants$559,157
Plan auditUnmodified (clean) audit opinion
AuditorMRPR GROUP, PC
Plan history3
Yearassets · accounts · employer contribution
2024$18.5M · 619 accts · $179K emplr
2023$15.2M · 566 accts · $141K emplr
2022$12.1M · 547 accts · $121K emplr
The Zingermans Community of Businesses 401(k) match · 2024
Employer contribution per active participant$326
Median for plans this size$2,416
2024$326 per active participant
2023$277 per active participant
2022$240 per active participant

Zingermans Community of Businesses's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
VENTURE VISIONARY PARTNERS LLC · Investment advisory (plan)$41,672
THE BENEFIT ADVANTAGE · Contract administrator$8,860
EMPOWER ADVISORY GROUP LLC · Investment management$2,328

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$101,006 · 0.60%
2023$81,428 · 0.60%
2022$95,690 · 0.71%
Same employer
Similar plansRetail Trade · Michigan
Varsity Lincoln Inc MI$19.2M · 0.17%
Marsh Automotive Group MI$19.1M · 0.43%
Crown Motors LTD. MI$18.8M · 0.43%
Village Ford, Inc. MI$17.9M · 0.37%
Bill Brown Ford, Inc. MI$17.3M · 0.35%
Wallside, Inc. MI$17.2M · 0.45%
The Moran Group, Inc. MI$17.2M · 0.55%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 382409230 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.