Plan Ledger DOL Form 5500 · updated monthly

Studio 71, LP401(k)

STUDIO 71 (US) RETIREMENT PLAN · BEVERLY HILLS, CA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Studio 71, LP reported $27,690 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $4,196 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 0.42%. 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 (6,293rd of 9,483), and 810th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 82 to 92 since 2022.

Plan summary
Net assets, end of year$7,110,968
Participants with balances120
Active participants92
Employer contributions$386,019
Employee contributions$642,101
Employer contribution per active participant$4,196
Average account balance$59,258
Benefits paid to participants$829,668
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 120 accts · $386K emplr
2023$6.1M · 118 accts · $355K emplr
2022$5.0M · 119 accts · $441K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,571
Investment management$26,119
Total administrative$27,690
The Studio 71, LP 401(k) match · 2024
Employer contribution per active participant$4,196
Median for plans this size$1,313
2024$4,196 per active participant
2023$3,513 per active participant
2022$5,378 per active participant

Studio 71, LP'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 · 20242
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$26,118
ADP, INC. · Recordkeeping$1,571

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

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$27,690 · 0.42%
2023$23,086 · 0.42%
2022$20,554 · 0.40%
Same employer
Similar plansArts, Entertainment & Recreation · California
Access Xp LLC CA$7.5M · 0.39%
Active Wellness, LLC CA$7.3M · 0.57%
The Beach Club CA$7.2M · 0.39%
In-Shape Solutions, LLC CA$6.9M · 1.97%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 451836454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.