Plan Ledger DOL Form 5500 · updated monthly

Myfitnesspal, Inc401(k)

MYFITNESSPAL 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Myfitnesspal, Inc reported $69,644 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,733 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 0.98% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 2,549th-largest of 5,688 plans among Texas employers on file, and the 548th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.31 for every $1.00 the employer contributed; active participation has grown from 169 to 213 since 2022.

Plan summary
Net assets, end of year$13,944,778
Participants with balances225
Active participants213
Employer contributions$1,008,210
Employee contributions$2,328,260
Employer contribution per active participant$4,733
Average account balance$61,977
Benefits paid to participants$1,117,790
Plan auditUnmodified (clean) audit opinion
AuditorTEMPLETON & CO
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 225 accts · $1.0M emplr
2023$9.9M · 194 accts · $873K emplr
2022$5.6M · 159 accts · $747K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,402
Total administrative$69,644
The Myfitnesspal, Inc 401(k) match · 2024
Employer contribution per active participant$4,733
Median for plans this size$2,416
2024$4,733 per active participant
2023$4,645 per active participant
2022$4,420 per active participant

Myfitnesspal, Inc'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 · 20246
TRANSAMERICA FINANCIAL LIFE INS · Recordkeeping · Loan processing$51,367
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$16,849
USI CONSULTING GROUP INC · Contract administrator$580
ENVESTNET RETIREMENT SOLUTIONS LLC$502
USI SECURITIES INCindirect 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
2024ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica

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Administrative cost history3
2024$69,644 · 0.58%
2023$68,501 · 0.88%
2022$43,544 · 0.98%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 270224939 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.