Plan Ledger DOL Form 5500 · updated monthly

Fitness Club Management, LLC401(k)

FITNESS CLUB MANAGEMENT LLC 401(K) PLAN · CHATSWORTH, CA · plan year 2024

Reported admin expense ratio · 2024
4.40%

Fitness Club Management, LLC reported $11,478 in plan administrative expenses for 2024: 4.40% of average plan assets, higher than ~75% of peers. 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 arts, entertainment & recreation employers. By assets it is among the smaller plans on file in California (9,161st of 9,483), and 1,283rd of 1,311 in arts, entertainment & recreation.

Plan summary
Net assets, end of year$372,120
Participants with balances705
Active participants810
Employer contributions—
Employee contributions$260,457
Employer contribution per active participant—
Average account balance$528
Benefits paid to participants$58,493
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,420
Investment management$1,058
Total administrative$11,478
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 · 20242
ADP, INC. · Loan processing · Recordkeeping$10,934
ADP BROKER-DEALER · Other servicesindirect comp

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$11,478 · 4.40%
Similar plansArts, Entertainment & Recreation · California
Sffit Ventures, LLC CA$395K · 1.68%
Rooftop Cinema Club Inc CA$321K · 6.78%
Pocket Pilates, LLC CA$182K · 0.21%
The Bicycle Casino, L.P. CA$114K · 1.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465161562 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.