Plan Ledger DOL Form 5500 · updated monthly

Gym Management Services, Inc401(k)

GOLDS GYM SOCAL 401(K) · NORTHRIDGE, CA · plan year 2022

Reported admin expense ratio · 2022
1.62%

Gym Management Services, Inc reported $7,367 in plan administrative expenses for 2022: 1.62% of average plan assets, above the peer median. 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 4,041 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (9,113th of 9,483), and 3,199th of 3,341 in other services.

Plan summary
Net assets, end of year$447,262
Participants with balances85
Active participants229
Employer contributions—
Employee contributions$126,145
Employer contribution per active participant—
Average account balance$5,262
Benefits paid to participants$51,239
Plan auditUnmodified (clean) audit opinion
AuditorGALGAS RUSSELL LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,800
Investment management$87
Total administrative$7,367
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$7,367 · 1.62%
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Source: U.S. Department of Labor, Form 5500 series, EIN 710873233 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.