Plan Ledger DOL Form 5500 · updated monthly

Sports Academy LLC401(k)

SPORTS ACADEMY MANAGEMENT LLC 401(K) PLAN · THOUSAND OAKS, CA · plan year 2024

Reported admin expense ratio · 2024
1.49%

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

Sports Academy LLC reported $43,710 in plan administrative expenses for 2024: 1.49% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,017 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 professional & technical services employers. By assets it is among the smaller plans on file in California (7,852nd of 9,483), and 10,543rd of 11,654 in professional & technical services. In 2024, employees put in $2.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,991,671
Participants with balances81
Active participants113
Employer contributions$114,908
Employee contributions$289,622
Employer contribution per active participant$1,017
Average account balance$36,934
Benefits paid to participants$653,957
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO. LTD.
The Sports Academy LLC 401(k) match · 2024
Employer contribution per active participant$1,017
Median for plans this size$1,313

Sports Academy LLC's 2024 employer contribution ran below the $1,313 median for plans its size. 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 · 20245
LPL FINANCIAL LLC-RPCP · Recordkeeping$3,918
PROACCOUNT · Recordkeeping$2,853
NATIONWIDE · Recordkeeping$704
NATIONWIDE RETIREMENT PLANS · Recordkeeping$18
NATIONWIDE · Investment management$15,927

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$43,710 · 1.49%
Similar plansProfessional & Technical Services · California
314E Corporation CA$3.1M · 0.56%
Eos Resourcing Inc CA$3.0M · 0.30%
Calstart Inc. CA$3.0M · 0.07%
Rodda Electric, Inc CA$3.0M · 1.39%
Flrish, Inc. CA$2.9M · 1.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474193840 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.