Plan Ledger DOL Form 5500 · updated monthly

Richmond Fitness, Inc. dba American Family Fitness401(k)

RICHMOND FITNESS, INC. EMPLOYEE SAVINGS PLAN · GLEN ALLEN, VA · plan year 2022

Reported admin expense ratio · 2022
0.86%

Richmond Fitness, Inc. dba American Family Fitness reported $37,949 in plan administrative expenses for 2022: 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Virginia (1,942nd of 2,266), and 1,019th of 1,311 in arts, entertainment & recreation.

Plan summary
Net assets, end of year$3,706,207
Participants with balances89
Active participants185
Employer contributions—
Employee contributions$131,572
Employer contribution per active participant—
Average account balance$41,643
Benefits paid to participants$793,935
Plan auditUnmodified (clean) audit opinion
AuditorBAKET TILLY US, LLP
Administrative expenses, itemized · 2022
Professional / advisory$37,949
Total administrative$37,949
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$37,949 · 0.86%
Similar plansArts, Entertainment & Recreation · Virginia
Ticket Evolution, Inc. VA$6.5M · 0.72%
The Montpelier Foundation VA$5.8M · 0.01%
Belle Haven Country Club VA$4.0M · 0.82%
Solidcore Holdings LLC VA$3.6M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 541560789 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.