24 Hour Fitness USA, LLC401(k)
24 HOUR FITNESS SAVINGS AND INVESTMENT PLAN · CARLSBAD, CA · plan year 2023
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
24 Hour Fitness USA, LLC reported $250,421 in plan administrative expenses for 2023: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $101 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 3 years on file its reported administrative ratio has held roughly steady near 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other other services employers. By assets it is the 1,140th-largest of 9,483 plans among California employers on file, and the 230th of 3,341 in other services. In 2023, employees put in $9.21 for every $1.00 the employer contributed; active participation has shrunk from 5,768 to 4,873 since 2022.
24 Hour Fitness USA, LLC's 2023 employer contribution ran below the $3,659 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
This plan has changed recordkeepers within these filings. If you left 24 Hour Fitness USA, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 942899899 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.