Plan Ledger DOL Form 5500 · updated monthly

Skybound, LLC401(k)

SKYBOUND 401(K) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Skybound, LLC reported $35,659 in plan administrative expenses for 2024: 0.66% of average plan assets, above the peer median. Employer contributions averaged $4,880 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 $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 California (6,515th of 9,483), and 847th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,428,991
Participants with balances160
Active participants124
Employer contributions$605,102
Employee contributions$1,119,040
Employer contribution per active participant$4,880
Average account balance$40,181
Benefits paid to participants$1,199,430
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,960
Investment management$2,699
Total administrative$35,659
The Skybound, LLC 401(k) match · 2024
Employer contribution per active participant$4,880
Median for plans this size$1,313

Skybound, LLC's 2024 employer contribution ran above the $1,313 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$32,960
PREMIER DISCOUNT INSURANCE SERVICES · Other services · Investment advisory (plan)$2,699
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history1
2024$35,659 · 0.66%
Same employer
Similar plansArts, Entertainment & Recreation · California
Sherwood Country Club CA$6.5M · 0.02%
Weights and Biases, Inc. CA$6.5M · 1.01%
Annandale Golf Club CA$6.5M · 0.71%
Steno Agency, Inc. CA$6.1M · 0.12%
Vs Media Inc CA$6.0M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272830358 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.