Plan Ledger DOL Form 5500 · updated monthly

Planet Fitness Allentown West401(k)

PLANET FITNESS ALLENTOWN WEST 401(K) PROFIT SHARING PLAN & TRUST · CINCINNATI, OH · plan year 2023

Reported admin expense ratio · 2023
3.06%

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

Planet Fitness Allentown West reported $6,783 in plan administrative expenses for 2023: 3.06% of average plan assets, higher than ~75% of peers. Employer contributions averaged $40 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Ohio (3,244th of 3,295), and 1,291st of 1,311 in arts, entertainment & recreation. In 2023, employees put in $6.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$238,498
Participants with balances81
Active participants90
Employer contributions$3,558
Employee contributions$23,058
Employer contribution per active participant$40
Average account balance$2,944
Benefits paid to participants$30,358
Plan auditUnmodified (clean) audit opinion
AuditorPOOLER CPA GROUP LLC
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,715
Investment management$1,068
Total administrative$6,783
The Planet Fitness Allentown West 401(k) match · 2023
Employer contribution per active participant$40
Median for plans this size$522

Planet Fitness Allentown West's 2023 employer contribution ran below the $522 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2023$6,783 · 3.06%
Similar plansArts, Entertainment & Recreation · Ohio
Areco Golf, LLC OH$3.3M · 0.76%
Columbus Museum of Art OH$3.0M · 1.99%
The Cleveland Play House OH$2.5M · 0.17%
Rrm-Clm Services, LLC AZ$269K · 0.12%
Elsewhere Group, Inc NY$252K · 2.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261952391 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.