Plan Ledger DOL Form 5500 · updated monthly

Massage Envy Franchising, LLC401(k)

MASSAGE ENVY FRANCHISING LLC 401(K) PLAN · SCOTTSDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Massage Envy Franchising, LLC reported $52,637 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $3,373 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 0.38% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 474th-largest of 1,285 plans among Arizona employers on file, and the 908th of 2,096 in real estate & leasing. In 2024, employees put in $2.23 for every $1.00 the employer contributed; active participation has shrunk from 189 to 159 since 2022.

Plan summary
Net assets, end of year$13,594,994
Participants with balances244
Active participants159
Employer contributions$536,340
Employee contributions$1,196,760
Employer contribution per active participant$3,373
Average account balance$55,717
Benefits paid to participants$1,001,021
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 244 accts · $536K emplr
2023$11.2M · 256 accts · $488K emplr
2022$8.4M · 264 accts · $462K emplr
Administrative expenses, itemized · 2024
Investment management$24,187
Total administrative$52,637
The Massage Envy Franchising, LLC 401(k) match · 2024
Employer contribution per active participant$3,373
Median for plans this size$2,416
2024$3,373 per active participant
2023$2,639 per active participant
2022$2,447 per active participant

Massage Envy Franchising, LLC's 2024 employer contribution ran above the $2,416 median for plans its size. 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
AT RETIREMENT SERVICES, LLC · Claims processing · Recordkeeping$28,450
CREATIVE PLANNING INC. · Investment advisory (participants) · Investment advisory (plan)$24,187

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

Recordkeeper by year2
2024AT RETIREMENT SERVICES, LLC
2023AT RETIREMENT SERVICES, LLC

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

Administrative cost history3
2024$52,637 · 0.42%
2023$40,380 · 0.41%
2022$34,135 · 0.38%
Same employer
Similar plansReal Estate & Leasing · Arizona
Store Capital Advisors, LLC AZ$15.3M · 0.44%
Offerpad, LLC AZ$13.8M · 0.50%
Onni Properties, LLC. AZ$9.6M · 0.88%
Ensemble Services, LLC AZ$9.6M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271413348 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.