Plan Ledger DOL Form 5500 · updated monthly

Zipari, Inc.401(k)

ZIPARI, INC. 401(K) PLAN · BROOKLYN, NY · plan year 2023

Reported admin expense ratio · 2023
0.45%

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

Zipari, Inc. reported $44,689 in plan administrative expenses for 2023: 0.45% of average plan assets, below the peer median. Employer contributions averaged $2,875 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 1 year on file its reported administrative ratio rose from 0.37% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in New York (3,586th of 5,648), and 1,499th of 2,199 in information & media. In 2023, employees put in $5.44 for every $1.00 the employer contributed; active participation has shrunk from 115 to 77 since 2022.

Plan summary
Net assets, end of year$10,171,061
Participants with balances179
Active participants77
Employer contributions$221,400
Employee contributions$1,204,773
Employer contribution per active participant$2,875
Average account balance$56,822
Benefits paid to participants$2,732,846
Plan auditUnmodified (clean) audit opinion
AuditorKIMBERLIN COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $149K emplr
2023$10.2M · 179 accts · $221K emplr
2022$9.7M · 222 accts · $239K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$29,448
Investment management$15,241
Total administrative$44,689
The Zipari, Inc. 401(k) match · 2023
Employer contribution per active participant$2,875
Median for plans this size$1,308
2023$2,875 per active participant
2022$2,080 per active participant

Zipari, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ADP, INC. · Loan processing · Recordkeeping$29,448
PENSIONMARK FINANCIAL GROUP, LLC · Recordkeeping · Trustee$15,241
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, PENSIONMARK FINANCIAL GROUP, LLC
2023ADP, PENSIONMARK FINANCIAL GROUP, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$44,689 · 0.45%
2022$35,674 · 0.37%
Same employer
Similar plansInformation & Media · New York
Wgsn, LLC NY$10.8M · 0.17%
Takeone Network LLC NY$10.7M · 0.33%
Abelcine Management LLC NY$10.6M · 0.73%
Astronomer, Inc. NY$10.5M · 0.63%
Overtime Sports, Inc. NY$10.1M · 0.49%
Rosen Publishing Group Inc. NY$10.0M · 0.65%
Securityscorecard, Inc. NY$9.5M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 320435609 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.