Plan Ledger DOL Form 5500 · updated monthly

Event Network, LLC401(k)

EVENT NETWORK, LLC 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.74%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Event Network, LLC reported $75,633 in plan administrative expenses for 2024: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $259 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 0.740%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (5,218th of 9,483), and the 2,464th of 5,215 in retail trade. In 2024, employees put in $3.62 for every $1.00 the employer contributed; active participation has grown from 856 to 1,137 since 2022.

Plan summary
Net assets, end of year$10,912,519
Participants with balances294
Active participants1,137
Employer contributions$294,608
Employee contributions$1,066,012
Employer contribution per active participant$259
Average account balance$37,117
Benefits paid to participants$1,513,392
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 294 accts · $295K emplr
2023$9.5M · 272 accts · $260K emplr
2022$7.6M · 266 accts · $230K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,696
Total administrative$75,633
The Event Network, LLC 401(k) match · 2024
Employer contribution per active participant$259
Median for plans this size$2,416
2024$259 per active participant
2023$274 per active participant
2022$269 per active participant

Event Network, LLC's 2024 employer contribution ran below the $2,416 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$4,324
PREMIER PLAN CONSULTANTS INC · Contract administrator$3,475
CAMBRIDGE INVESTMENT RESEARCH INCindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$75,633 · 0.74%
2023$62,935 · 0.73%
2022$58,625 · 0.74%
Same employer
Similar plansRetail Trade · California
McKenna Motor Company, Inc. CA$11.0M · 0.47%
Nora Lighting, Inc. CA$11.0M · 0.75%
Frontier Auto Sales CA$10.9M · 0.27%
E.M. Tharp, Inc. CA$10.9M · 0.49%
Folsom Lake Ford CA$10.9M · 0.02%
Garberville Gas Corporation CA$10.8M · 0.59%
Vuori, Inc. CA$10.8M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330556105 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.