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Benchmarking Zoic, Inc. 401(K) Plan in Culver City, CA against all plans

 

Zoic, Inc. 401(K) Plan in Culver City, CA has the 12th-lowest total administrative expense ratio (0.036%) among the 271 plans whose industry group is Other Professional, Scientific, and Technical Services and provide for automatic enrollment. That 0.036% compares to an average of 0.640% across those 271 plans.

Beating the average of 0.640% means a savings of $46,356 in total administrative expenses.

Note: total administrative expense ratio =
(100 * total administrative expenses) ÷ total assets

Zoic, Inc. 401(K) Plan has these standings among those 271 peer plans:

  • total administrative expense ratio = 0.036% (12th-lowest)

  • total administrative expenses = $2,792 (25th-lowest)

  • total assets = $7,649,457 (63rd-most)

Visualize

 
 

Peers

beat out by PM Environmental, Inc. 401k Plan in Lansing, MI (-0.370%), PM Group 401(K) Plan in Burlington, MA (-0.019%), Audacious Studios 401(K) Plan in Tempe, AZ (0.000%), and Sgi, Inc. 401(K) Profit Sharing Plan in Costa Mesa, CA (0.011%), and 7 others, ending with Solid Biosciences Inc 401k Profit Sharing Plan and Trust in Charlestown, MA (0.034%).

beat Outsell Corporation 401(K) P/S Plan in Minneapolis, MN (0.041%), Excelacom, Inc. 401(K) Plan in Reston, VA (0.041%), Level 401(K) Plan in New York, NY (0.042%), and Pyramid Laboratories, Inc. 401(K) Savings Plan in Costa Mesa, CA (0.043%), and 255 others, ending with Invicro, LLC 401(K) Plan in Boston, MA (11.640%).

References

  1. provide for automatic enrollment. 401(k) plan or 403(b) plan that provides for automatic enrollment in a plan that has elective contributions deducted from payroll. Feature code 2S within Line 8a of Form 5500. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. whose industry group is. The industry group is the first four digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  3. total administrative expense ratio. Lower values are better. Total administrative expense ratio (as a percentage) equals total administrative expenses (Line 2i(5), Schedule H) divided by total assets (end of plan year; Line 1f(b) from Schedule H), times 100. To qualify for total administrative expense ratio, the number of total assets must be at least $50,000. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.