Plan Ledger DOL Form 5500 · updated monthly

Zolon Tech, Inc401(k)

ZOLON TECH, INC 401 (K) PLAN · HERNDON, VA · plan year 2024

Reported admin expense ratio · 2024
0.98%

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

Zolon Tech, Inc reported $98,249 in plan administrative expenses for 2024: 0.98% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,703 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 rose from 0.64% to 0.98%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,396th of 2,266), and 7,681st of 11,654 in professional & technical services. In 2024, employees put in $4.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,025,984
Participants with balances308
Active participants215
Employer contributions$366,248
Employee contributions$1,502,817
Employer contribution per active participant$1,703
Average account balance$35,799
Benefits paid to participants$1,754,141
Plan auditUnmodified (clean) audit opinion
AuditorLONG & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 308 accts · $366K emplr
2023$9.1M · 213 accts · $323K emplr
2022$7.5M · 185 accts · $194K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$98,249
Total administrative$98,249
The Zolon Tech, Inc 401(k) match · 2024
Employer contribution per active participant$1,703
Median for plans this size$2,416
2024$1,703 per active participant
2023$1,614 per active participant
2022$990 per active participant

Zolon Tech, Inc'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.

Administrative cost history3
2024$98,249 · 0.98%
2023$78,946 · 0.95%
2022$51,073 · 0.64%
Same employer
Similar plansProfessional & Technical Services · Virginia
Udig, LLC VA$11.1M · 0.71%
Golden Key Group, Inc. VA$10.9M · 0.46%
St. Michael's, Inc. VA$10.8M · 0.48%
Pal-Tech, Inc. VA$10.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541903808 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.