Plan Ledger DOL Form 5500 · updated monthly

Zte USA Inc.401(k)

ZTE USA INC. 401K PLAN · RICHARDSON, TX · plan year 2022

Reported admin expense ratio · 2022
0.07%

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

Zte USA Inc. reported $18,388 in plan administrative expenses for 2022: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,254 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 0.07% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other information & media employers. By assets it is the 1,908th-largest of 5,688 plans among Texas employers on file, and the 978th of 2,199 in information & media. In 2022, employees put in $2.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,827,187
Participants with balances144
Active participants67
Employer contributions$150,986
Employee contributions$350,227
Employer contribution per active participant$2,254
Average account balance$151,578
Benefits paid to participants$3,648,090
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $24K emplr
2023$19.9M · 120 accts · $109K emplr
2022$21.8M · 144 accts · $151K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$538
Professional / advisory$17,850
Total administrative$18,388
The Zte USA Inc. 401(k) match · 2022
Employer contribution per active participant$2,254
Median for plans this size$2,266
2023$2,488 per active participant
2022$2,254 per active participant

Zte USA Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$22,839 · 0.11%
2022$18,388 · 0.07%
Similar plansInformation & Media · Texas
Apogee Telecom Inc. TX$25.3M · 0.16%
Zilliant, Inc. TX$24.6M · 0.01%
Powerhouse Management, Inc. TX$24.2M · 0.01%
Eso Solutions, Inc. TX$21.9M · 0.11%
Onit, Inc. TX$20.6M · 0.19%
One Technologies, LLC TX$20.2M · 0.35%
Flosports, Inc. TX$19.8M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223618736 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.