Plan Ledger DOL Form 5500 · updated monthly

Sports Warehouse, Inc.401(k)

TENNIS WAREHOUSE 401(K) PROFIT SHARING PLAN · SAN LUIS OBISPO, CA · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Sports Warehouse, Inc. reported $189,083 in plan administrative expenses for 2024: 0.78% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,978 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 3 years on file its reported administrative ratio has held roughly steady near 0.78%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,916th-largest of 9,483 plans among California employers on file, and the 1,135th of 5,215 in retail trade. In 2024, the employer put in $3.04 for every $1.00 employees contributed themselves; active participation has grown from 418 to 511 since 2022.

Plan summary
Net assets, end of year$26,842,633
Participants with balances633
Active participants511
Employer contributions$1,521,782
Employee contributions$499,863
Employer contribution per active participant$2,978
Average account balance$42,405
Benefits paid to participants$679,775
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.8M · 633 accts · $1.5M emplr
2023$21.7M · 584 accts · $1.6M emplr
2022$17.8M · 530 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$223
Investment management$188,795
Total administrative$189,083
The Sports Warehouse, Inc. 401(k) match · 2024
Employer contribution per active participant$2,978
Median for plans this size$2,416
2024$2,978 per active participant
2023$3,171 per active participant
2022$3,255 per active participant

Sports Warehouse, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
TAYLOR FRIGON CAPITAL MANAGEMENT · Investment advisory (plan)$177,246

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$189,083 · 0.78%
2023$151,373 · 0.77%
2022$183,279 · 0.82%
Same employer
Similar plansRetail Trade · California
Ecoatm LLC CA$28.1M · 0.19%
Florexpo, LLC. CA$27.8M · 0.38%
Sitn Sleep, Inc. CA$27.4M · 0.37%
Friedman's Home Improvement CA$26.8M · 0.38%
Rp Automotive, Inc. CA$26.7M · 0.49%
Carparts.com, Inc. CA$26.6M · 0.53%
Minted, LLC CA$26.3M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770473888 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.