Plan Ledger DOL Form 5500 · updated monthly

Zynex, Inc.401(k)

ZYNEX, INC. 401(K) PLAN · ENGLEWOOD, CO · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Zynex, Inc. reported $132,755 in plan administrative expenses for 2024: 0.80% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,291 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 1.42% to 0.80%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 525th-largest of 1,461 plans among Colorado employers on file, and the 1,065th of 3,341 in other services. In 2024, employees put in $3.73 for every $1.00 the employer contributed; active participation has grown from 705 to 882 since 2022.

Plan summary
Net assets, end of year$19,789,703
Participants with balances1,237
Active participants882
Employer contributions$1,138,721
Employee contributions$4,242,766
Employer contribution per active participant$1,291
Average account balance$15,998
Benefits paid to participants$1,572,835
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 1,237 accts · $1.1M emplr
2023$13.3M · 1,186 accts · $820K emplr
2022$7.8M · 997 accts · $709K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$130,755
Total administrative$132,755
The Zynex, Inc. 401(k) match · 2024
Employer contribution per active participant$1,291
Median for plans this size$2,416
2024$1,291 per active participant
2023$897 per active participant
2022$1,005 per active participant

Zynex, Inc.'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 · 20242
ALPHA CAPITAL MANAGEMENT GROUP LLCindirect comp
COMPASS · Other servicesindirect comp

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$132,755 · 0.80%
2023$104,360 · 0.99%
2022$100,770 · 1.42%
Similar plansOther Services · Colorado
Youth Enrichment Brands CO$18.4M · 0.67%
Goodwill of Colorado CO$17.6M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900275169 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.