Plan Ledger DOL Form 5500 · updated monthly

Fortune Enterprise Holdings Inc.401(k)

FORTUNE ENTERPRISE HOLDINGS INC. 401K PLAN · POMONA, CA · plan year 2024

Reported admin expense ratio · 2024
2.65%

Fortune Enterprise Holdings Inc. reported $36,701 in plan administrative expenses for 2024: 2.65% of average plan assets, higher than ~90% 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.

Across the 2 years on file its reported administrative ratio fell from 2.94% to 2.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (8,510th of 9,483), and 4,796th of 5,215 in retail trade. active participation has grown from 2,125 to 2,423 since 2022.

Plan summary
Net assets, end of year$1,566,546
Participants with balances213
Active participants2,423
Employer contributions—
Employee contributions$400,830
Employer contribution per active participant—
Average account balance$7,355
Benefits paid to participants$146,590
Plan auditDisclaimer of opinion
AuditorTHONG, YU, WONG & LEE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 213 accts
2023$1.2M · 181 accts
2022$827K · 160 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,701
Total administrative$36,701
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.

Administrative cost history3
2024$36,701 · 2.65%
2023$28,095 · 2.77%
2022$24,155 · 2.94%
Same employer
Similar plansRetail Trade · California
Cargobarn CA$1.6M · 0.44%
Rl Liquidators, LLC CA$1.6M · 0.40%
A. C. Vroman, Inc. CA$1.6M · 0.42%
Vici Collection LLC CA$1.6M · 0.56%
Kirby Oldsmobile CA$1.5M · 0.25%
Js Ventura Inc CA$1.5M · 0.63%
Mm Enterprises USA, LLC CA$1.5M · 1.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201303840 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.