Plan Ledger DOL Form 5500 · updated monthly

Zoo Med Laboratories Inc401(k)

ZOO MED LABORATORIES INC 401(K) PROFIT SHARING PLAN & TRUST · SAN LUIS OBISPO, CA · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

Zoo Med Laboratories Inc reported $71,352 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $727 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 0.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,853rd of 9,483), and 9,393rd of 13,661 in manufacturing. In 2024, employees put in $4.04 for every $1.00 the employer contributed; active participation has shrunk from 169 to 152 since 2022.

Plan summary
Net assets, end of year$8,612,876
Participants with balances147
Active participants152
Employer contributions$110,528
Employee contributions$446,673
Employer contribution per active participant$727
Average account balance$58,591
Benefits paid to participants$191,806
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 147 accts · $111K emplr
2023$7.3M · 158 accts · $106K emplr
2022$6.0M · 165 accts · $106K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,362
Investment management$36,130
Trustee / custodial$860
Total administrative$71,352
The Zoo Med Laboratories Inc 401(k) match · 2024
Employer contribution per active participant$727
Median for plans this size$1,313
2024$727 per active participant
2023$678 per active participant
2022$626 per active participant

Zoo Med Laboratories Inc's 2024 employer contribution ran below the $1,313 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 · 20243
PAYCHEX, INC. · Recordkeeping$17,064
PENSIONMARK FINANCIAL GROUP, LLC · Investment advisory (participants)$36,130
401K GENERATION · Contract administrator$17,298

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

Recordkeeper by year2
2024Paychex
2023401K GENERATION, PENSIONMARK FINANCIAL GROUP, LLC, Paychex

This plan has changed recordkeepers within these filings. If you left Zoo Med Laboratories Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$71,352 · 0.90%
2023$59,546 · 0.90%
2022$56,608 · 0.89%
Same employer
Similar plansManufacturing · California
Western Cnc, Inc. CA$8.7M · 0.59%
Natals, Inc. CA$8.7M · 0.11%
L2T, Inc. CA$8.6M · 0.16%
Karen Kane, Inc. CA$8.5M · 1.44%
Manhattan Beachwear, LLC. CA$8.5M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330265900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.