Plan Ledger DOL Form 5500 · updated monthly

Zzounds Music, LLC401(k)

ZZOUNDS MUSIC, LLC 401(K) PROFIT SHARING PLAN & TRUST · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Zzounds Music, LLC reported $600 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,256 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 0.02% to 0.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (2,770th of 3,702), and 9,170th of 11,654 in professional & technical services. In 2024, employees put in $2.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,587,735
Participants with balances120
Active participants149
Employer contributions$187,132
Employee contributions$550,363
Employer contribution per active participant$1,256
Average account balance$54,898
Benefits paid to participants$216,608
Plan auditUnmodified (clean) audit opinion
AuditorTOPCHE & COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 120 accts · $187K emplr
2023$5.4M · 117 accts · $175K emplr
2022$4.0M · 111 accts · $155K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$600
Total administrative$600
The Zzounds Music, LLC 401(k) match · 2024
Employer contribution per active participant$1,256
Median for plans this size$1,313
2024$1,256 per active participant
2023$1,225 per active participant
2022$1,087 per active participant

Zzounds Music, LLC'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.

Administrative cost history3
2024$600 · 0.01%
2023$550 · 0.01%
2022$650 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Illinois
Aspire Systems Digital IL$6.5M · 0.09%
Buddobot,Inc. IL$6.5M · 0.04%
True Group, Inc. IL$6.4M · 1.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800007798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.