Plan Ledger DOL Form 5500 · updated monthly

Johnny Was, LLC401(k)

JOHNNY WAS 401(K) PLAN · LOS ANGELES, CA · plan year 2023

Reported admin expense ratio · 2023
0.86%

Johnny Was, LLC reported $38,639 in plan administrative expenses for 2023: 0.86% 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.

Across the 3 years on file its reported administrative ratio fell from 0.57% to 0.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (7,165th of 9,483), and 3,899th of 5,215 in retail trade. In 2023, employees put in $4.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,542,337
Participants with balances415
Active participants0
Employer contributions$21,300
Employee contributions$93,278
Employer contribution per active participant—
Average account balance$10,945
Benefits paid to participants$491,920
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$4.5M · 383 accts
2023$4.5M · 415 accts · $21K emplr
2022$4.4M · 434 accts · $266K emplr
2021$3.9M · 772 accts · $94K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$37,421
Investment management$1,218
Total administrative$38,639
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
EMPOWER ADVISORY GROUP, LLC · Investment management$1,218

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

Administrative cost history4
2024$18,031 · 0.40%
2023$38,639 · 0.86%
2022$34,693 · 0.83%
2021$20,462 · 0.57%
Similar plansRetail Trade · California
Sports Basement CA$4.6M · 0.02%
Lolas Market, Inc. CA$4.6M · 0.89%
Orw USA, Inc. CA$4.5M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474882867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.