Plan Ledger DOL Form 5500 · updated monthly

Fat Face Inc.401(k)

FAT FACE INC. 401(K) PLAN · WILMINGTON, DE · plan year 2024

Reported admin expense ratio · 2024
7.60%

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

Fat Face Inc. reported $30,314 in plan administrative expenses for 2024: 7.60% of average plan assets, higher than ~90% of peers. Employer contributions averaged $800 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Delaware (235th of 242), and 5,080th of 5,215 in retail trade. In 2024, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$400,246
Participants with balances187
Active participants76
Employer contributions$60,788
Employee contributions$92,206
Employer contribution per active participant$800
Average account balance$2,140
Benefits paid to participants$196,182
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,480
Investment management$27,834
Total administrative$30,314
The Fat Face Inc. 401(k) match · 2024
Employer contribution per active participant$800
Median for plans this size$540

Fat Face Inc.'s 2024 employer contribution ran above the $540 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$30,314

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

Administrative cost history1
2024$30,314 · 7.60%
Similar plansRetail Trade · Delaware
Asap, Inc. DE$1.5M · 2.07%
Sullivan's Inc. MS$431K · 1.41%
Grg USA, LLC DE$428K · 0.81%
Dxr Finance 3 LLC CT$428K · 0.18%
Six Feet Under, LLC GA$412K · 1.10%
J P & a Holdings LLC TX$400K · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364811036 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.