Jzanus Consulting, Inc. 401(k) Review & Grade
Jzanus Consulting, Inc. 401(k) Profit Sharing Plan and Trust
Franklin Square, NYAdministrative, Support & Staffing Services1,507 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$150Employer $ per active participant
$1,040Employee $ saved per active participant
0.46%Direct admin cost, % of plan assets
$9.2MNet plan assets, end of year
$10,536Average balance per account
Score breakdown
- Employer generosity12.1 / 5024th percentile for employer $ per participant
- Low cost6.5 / 2526th percentile for low admin cost vs. same-size plans
- Employee saving5.0 / 1533th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-5 pts1 issue reported on the filing
Total score22 / 100 · Grade F
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 24th |
| Lower admin cost | 26th |
| Employee saving | 33th |
| Peers that auto-enroll | 27% |
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Red flags from the filing
Auditor disclaimer: the auditor issued a disclaimer of opinion.
What to do if you're in this plan
- Jzanus Consulting put in about $150 per active participant, below the typical peer ($712). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.46% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $225,774 |
| Participant (employee) contributions | $1,567,958 |
| Other contributions (incl. rollovers in) | $244,978 |
| Administrative expenses paid from the plan | $36,044 |
| Benefits paid out | $411,041 |
| Net assets, start / end of year | $6.7M / $9.2M |
| Active participants, start / end of year | 1,360 / 1,654 |
| Participants with account balances | 869 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Perlson Accountants & Advisors |
Largest service providers (Schedule C)
| Private Advisor Group LLC | $20,246 reported compensation |
| Paychex, Inc. | $15,798 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015141923NAL0009688306001, received 2025-10-15, EIN 11-3457458, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.