Plan Ledger DOL Form 5500 · updated monthly

Fabfitfun, Inc.401(k)

FABFITFUN, INC. 401(K) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Fabfitfun, Inc. reported $27,620 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,959 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 2 years on file its reported administrative ratio fell from 0.23% to 0.13%. 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 the 3,387th-largest of 9,483 plans among California employers on file, and the 1,348th of 5,215 in retail trade. In 2024, employees put in $3.87 for every $1.00 the employer contributed; active participation has shrunk from 534 to 307 since 2022.

Plan summary
Net assets, end of year$22,108,386
Participants with balances586
Active participants307
Employer contributions$601,458
Employee contributions$2,329,973
Employer contribution per active participant$1,959
Average account balance$37,728
Benefits paid to participants$3,377,939
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.1M · 586 accts · $601K emplr
2023$19.2M · 650 accts · $704K emplr
2022$14.9M · 818 accts · $942K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,620
Total administrative$27,620
The Fabfitfun, Inc. 401(k) match · 2024
Employer contribution per active participant$1,959
Median for plans this size$2,416
2024$1,959 per active participant
2023$1,949 per active participant
2022$1,764 per active participant

Fabfitfun, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20243
PREMIER PLAN CONSULTANTS$11,200

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$27,620 · 0.13%
2023$23,811 · 0.14%
2022$33,921 · 0.23%
Same employer
Similar plansRetail Trade · California
Whatnot Inc CA$22.7M · 0.18%
The Honest Company, Inc. CA$22.6M · 0.41%
Harvey & Madding, Inc CA$22.4M · 0.51%
Allbirds, Inc. CA$21.8M · 0.16%
Brilliant Earth, LLC CA$21.7M · 0.42%
Zero Motorcycles CA$21.1M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474054491 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.