Plan Ledger DOL Form 5500 · updated monthly

Otf Fitness Partners Houston LLC401(k)

OTF FITNESS PARTNERS HOUSTON LLC 401(K) PROFIT SHARING PLAN AND TRUST · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
1.16%

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

Otf Fitness Partners Houston LLC reported $31,792 in plan administrative expenses for 2024: 1.16% of average plan assets, higher than ~75% of peers. Employer contributions averaged $508 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 1.09% to 1.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Texas (4,600th of 5,688), and 1,074th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,951,988
Participants with balances138
Active participants457
Employer contributions$232,106
Employee contributions$496,828
Employer contribution per active participant$508
Average account balance$21,391
Benefits paid to participants$646,886
Plan auditUnmodified (clean) audit opinion
AuditorCALVIN MARTIN & COMPANY, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 138 accts · $232K emplr
2023$2.5M · 198 accts · $223K emplr
2022$1.6M · 141 accts · $217K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,722
Investment management$3,070
Total administrative$31,792
The Otf Fitness Partners Houston LLC 401(k) match · 2024
Employer contribution per active participant$508
Median for plans this size$1,313
2024$508 per active participant
2023$467 per active participant
2022$438 per active participant

Otf Fitness Partners Houston LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$3,070
OSAIC WEALTH INCindirect comp

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

Administrative cost history3
2024$31,792 · 1.16%
2023$27,416 · 1.32%
2022$15,547 · 1.09%
Similar plansArts, Entertainment & Recreation · Texas
Dallas Athletic Club TX$2.9M · 0.31%
Witte Museum TX$2.6M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462401265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.