Plan Ledger DOL Form 5500 · updated monthly

Fortiss, LLC401(k)

THE FORTISS GROUP 401K PLAN · BELL GARDENS, CA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Fortiss, LLC reported $179,494 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $755 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 rose from 0.39% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 1,812th-largest of 9,483 plans among California employers on file, and the 214th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $5.07 for every $1.00 the employer contributed; active participation has grown from 1,439 to 1,707 since 2022.

Plan summary
Net assets, end of year$48,507,123
Participants with balances1,065
Active participants1,707
Employer contributions$1,288,618
Employee contributions$6,527,635
Employer contribution per active participant$755
Average account balance$45,547
Benefits paid to participants$2,798,328
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.5M · 1,065 accts · $1.3M emplr
2023$38.2M · 978 accts · $1.1M emplr
2022$28.0M · 938 accts · $691K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$179,494
Total administrative$179,494
The Fortiss, LLC 401(k) match · 2024
Employer contribution per active participant$755
Median for plans this size$2,416
2024$755 per active participant
2023$719 per active participant
2022$480 per active participant

Fortiss, LLC'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
JOHN HANCOCK USA · Recordkeeping$95,041
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$59,401
QUINTES ADMIN & INSURANCE SERVICES · Other services$15,452

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$179,494 · 0.41%
2023$158,559 · 0.48%
2022$79,591 · 0.39%
Same employer
Similar plansArts, Entertainment & Recreation · California
Gsw Sports LLC CA$51.7M · 0.41%
Los Angeles Dodgers LLC CA$51.2M · 0.32%
Syufy Enterprises, L.P. CA$50.9M · 0.20%
The Exploratorium CA$48.6M · 0.36%
The Bay Club Company CA$47.7M · 0.40%
Patreon, Inc CA$45.5M · 0.01%
Red Hawk Casino CA$44.1M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 201057643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.