Zotec Partners, LLC 401(k) Review & Grade
Zotec Partners, LLC 401(k) Plan
Carmel, INProfessional, Scientific & Technical Services978 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,717Employer $ per active participant
$6,920Employee $ saved per active participant
0.24%Direct admin cost, % of plan assets
$103.6MNet plan assets, end of year
$90,304Average balance per account
Score breakdown
- Employer generosity15.1 / 5030th percentile for employer $ per participant
- Low cost12.2 / 2549th percentile for low admin cost vs. same-size plans
- Employee saving5.2 / 1535th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score43 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 30th |
| Lower admin cost | 49th |
| Employee saving | 35th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- Zotec Partners put in about $1,717 per active participant, below the typical peer ($3,082). 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $1,679,658 |
| Participant (employee) contributions | $6,767,961 |
| Other contributions (incl. rollovers in) | $705,820 |
| Administrative expenses paid from the plan | $228,710 |
| Other admin expenses | $103,858 |
| Benefits paid out | $8,371,371 |
| Net assets, start / end of year | $88.7M / $103.6M |
| Active participants, start / end of year | 951 / 1,005 |
| Participants with account balances | 1,147 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Crowe LLP |
Largest service providers (Schedule C)
| Morgan Stanley Smith Barney LLC | $103,859 reported compensation |
| Fidelity Investments Institutional | $86,138 reported compensation |
| Crowe LLP | $19,200 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008144059NAL0006011537001, received 2025-10-08, EIN 20-8762217, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.