Plan Ledger DOL Form 5500 · updated monthly

Terrio Therapy-Fitness, Inc.401(k)

TERRIO THERAPY-FITNESS, INC. 401(K) PROFIT SHARING PLAN · BAKERSFIELD, CA · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Terrio Therapy-Fitness, Inc. reported $83,042 in plan administrative expenses for 2024: 0.83% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,221 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 2 years on file its reported administrative ratio rose from 0.75% to 0.83%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (5,217th of 9,483), and the 5,448th of 11,911 in health care & social assistance. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 134 to 181 since 2022.

Plan summary
Net assets, end of year$10,922,798
Participants with balances118
Active participants181
Employer contributions$221,073
Employee contributions$490,377
Employer contribution per active participant$1,221
Average account balance$92,566
Benefits paid to participants$108,610
Plan auditUnmodified (clean) audit opinion
AuditorDANIELLS PHILLIPS VAUGHAN AND BOCK
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 118 accts · $221K emplr
2023$9.2M · 116 accts · $214K emplr
2022$7.2M · 134 accts · $199K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,042
Total administrative$83,042
The Terrio Therapy-Fitness, Inc. 401(k) match · 2024
Employer contribution per active participant$1,221
Median for plans this size$2,416
2024$1,221 per active participant
2023$1,418 per active participant
2022$1,485 per active participant

Terrio Therapy-Fitness, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$83,042
AMERIPRISE FINANCIAL SERVICES INC · Other servicesindirect comp

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$83,042 · 0.83%
2023$65,664 · 0.80%
2022$60,788 · 0.75%
Same employer
Similar plansHealth Care & Social Assistance · California
Asian American Drug Abuse CA$11.3M · 0.90%
Berg Senior Services, LLC CA$10.8M · 0.03%
Swords to Plowshares CA$10.7M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 912073074 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.