Plan Ledger DOL Form 5500 · updated monthly

Faze Clan Inc401(k)

FAZE CLAN INC 401(K) PLAN · LOS ANGELES, CA · plan year 2023

Reported admin expense ratio · 2023
0.11%

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

Faze Clan Inc reported $3,385 in plan administrative expenses for 2023: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $14,435 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 1 year on file its reported administrative ratio rose from 0.09% to 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (7,577th of 9,483), and 10,326th of 11,654 in professional & technical services. In 2023, the employer put in $1.21 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,579,884
Participants with balances113
Active participants51
Employer contributions$736,191
Employee contributions$608,399
Employer contribution per active participant$14,435
Average account balance$31,680
Benefits paid to participants$745,501
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$3.6M · 113 accts · $736K emplr
2022$2.4M · 149 accts · $821K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,385
Total administrative$3,385
The Faze Clan Inc 401(k) match · 2023
Employer contribution per active participant$14,435
Median for plans this size$1,308
2023$14,435 per active participant
2022$8,465 per active participant

Faze Clan Inc's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$3,385 · 0.11%
2022$1,905 · 0.09%
Similar plansProfessional & Technical Services · California
Hawke Media, LLC CA$3.6M · 0.35%
Tubular Labs, Inc. CA$3.6M · 0.03%
Pact Pharma Inc. CA$3.6M · 0.48%
Arris Composites, Inc. CA$3.6M · 0.06%
Orangepeople, LLC CA$3.5M · 0.92%
Signature Analytics, LLC CA$3.5M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812666978 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.