Zwicker & Associates, P.C. 401(k) Review & Grade
Zwicker & Associates, P.C. 401(k) Plan
Andover, MAProfessional, Scientific & Technical Services725 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$244Employer $ per active participant
$2,616Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$21.0MNet plan assets, end of year
$53,835Average balance per account
Score breakdown
- Employer generosity4.6 / 509th percentile for employer $ per participant
- Low cost22.0 / 2588th percentile for low admin cost vs. same-size plans
- Employee saving2.0 / 1513th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score19 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 9th |
| Lower admin cost | 88th |
| Employee saving | 13th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($1,210 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $37,115 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Zwicker & Associates put in about $244 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 reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $176,944 |
| Participant (employee) contributions | $1,896,347 |
| Other contributions (incl. rollovers in) | $102,635 |
| Administrative expenses paid from the plan | $9,334 |
| Other admin expenses | $9,334 |
| Benefits paid out | $1,715,778 |
| Net assets, start / end of year | $17.9M / $21.0M |
| Active participants, start / end of year | 679 / 771 |
| Participants with account balances | 390 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bdo USA P.C. |
Largest service providers (Schedule C)
| Adp Inc | $10,170 reported compensation |
| Adp Broker Dealer | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013091506NAL0001018609001, received 2025-10-13, EIN 04-3131560, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.