Zenith American Solutions, Inc. 401(k) Review & Grade
Zenith American Solutions, Inc. Retirement Savings 401(k) Plan
Tampa, FLFinance & Insurance1,364 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,010Employer $ per active participant
$3,760Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$128.8MNet plan assets, end of year
$101,884Average balance per account
Score breakdown
- Employer generosity4.8 / 5010th percentile for employer $ per participant
- Low cost19.1 / 2576th percentile for low admin cost vs. same-size plans
- Employee saving1.6 / 1511th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score29 / 100 · Grade F
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 10th |
| Lower admin cost | 76th |
| Employee saving | 11th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Zenith American Solutions put in about $1,010 per active participant, below the typical peer ($3,606). 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $1,378,067 |
| Participant (employee) contributions | $5,131,039 |
| Other contributions (incl. rollovers in) | $488,729 |
| Administrative expenses paid from the plan | $114,375 |
| Investment advisory & management fees | $40,000 |
| Benefits paid out | $17,774,026 |
| Net assets, start / end of year | $124.1M / $128.8M |
| Active participants, start / end of year | 1,371 / 1,358 |
| Participants with account balances | 1,264 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Moore Colson |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $74,375 reported compensation |
| Investment Research & Advisory Grou | $40,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008100816NAL0005379009001, received 2025-10-08, EIN 52-1590516, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.