Plan Ledger DOL Form 5500 · updated monthly

Gympass US, LLC401(k)

GYMPASS US 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Gympass US, LLC reported $4,688 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,464 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 fell from 0.09% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,022nd of 5,648), and 6,709th of 11,654 in professional & technical services. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,467,882
Participants with balances284
Active participants225
Employer contributions$1,229,410
Employee contributions$2,439,808
Employer contribution per active participant$5,464
Average account balance$50,943
Benefits paid to participants$772,359
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.5M · 284 accts · $1.2M emplr
2023$9.5M · 244 accts · $1.1M emplr
2022$4.8M · 248 accts · $749K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,688
Total administrative$4,688
The Gympass US, LLC 401(k) match · 2024
Employer contribution per active participant$5,464
Median for plans this size$2,416
2024$5,464 per active participant
2023$5,554 per active participant
2022$3,517 per active participant

Gympass US, LLC's 2024 employer contribution ran above the $2,416 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 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$4,687
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$4,688 · 0.04%
2023$3,665 · 0.05%
2022$3,498 · 0.09%
Same employer
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Synacor, Inc NY$15.0M · 0.23%
Mparticle Inc. NY$14.7M · 0.01%
Mitchell & Titus, LLP NY$14.6M · 0.01%
Mace North America, LTD NY$14.2M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822685557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.