Plan Ledger DOL Form 5500 · updated monthly

Fashion Nova, Inc.401(k)

FASHION NOVA, INC. 401(K) PLAN & TRUST · VERNON, CA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Fashion Nova, Inc. reported $68,784 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $922 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 1.23% to 0.48%. 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 4,180th-largest of 9,483 plans among California employers on file, and the 1,788th of 5,215 in retail trade. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 1,259 to 1,436 since 2022.

Plan summary
Net assets, end of year$16,236,684
Participants with balances697
Active participants1,436
Employer contributions$1,324,145
Employee contributions$2,731,720
Employer contribution per active participant$922
Average account balance$23,295
Benefits paid to participants$2,292,430
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 697 accts · $1.3M emplr
2023$12.3M · 681 accts · $1.2M emplr
2022$8.5M · 685 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,970
Investment management$40,814
Total administrative$68,784
The Fashion Nova, Inc. 401(k) match · 2024
Employer contribution per active participant$922
Median for plans this size$2,416
2024$922 per active participant
2023$1,073 per active participant
2022$963 per active participant

Fashion Nova, Inc.'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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Trustee$40,814
ADP, INC. · Loan processing · Recordkeeping$27,970
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill, MMA SECURITIES, LLC

This plan has changed recordkeepers within these filings. If you left Fashion Nova, Inc. 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).

Administrative cost history3
2024$68,784 · 0.48%
2023$62,352 · 0.60%
2022$100,236 · 1.23%
Same employer
Similar plansRetail Trade · California
Cabi LLC CA$16.7M · 0.23%
Lymi Inc CA$16.5M · 0.54%
Jinon Corporation CA$16.3M · 0.45%
Tap Plastics, Inc. CA$16.2M · 0.17%
Babylist, Inc. CA$16.2M · 0.77%
Bob Baker Enterprises, Inc. CA$16.1M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861165549 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.