Plan Ledger DOL Form 5500 · updated monthly

The Now Parent LLC401(k)

THE NOW PARENT LLC 401(K) PROFIT SHARING PLAN & TRUST · LOS ANGELES, CA · plan year 2022

Reported admin expense ratio · 2022
1.08%

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

The Now Parent LLC reported $19,179 in plan administrative expenses for 2022: 1.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,948 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 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (7,612th of 9,483), and 2,560th of 3,341 in other services. In 2022, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,495,628
Participants with balances164
Active participants139
Employer contributions$409,767
Employee contributions$757,373
Employer contribution per active participant$2,948
Average account balance$21,315
Benefits paid to participants$63,259
Plan auditUnmodified (clean) audit opinion
AuditorMAYER HOFFMAN MCCANN PC
Plan history2
Yearassets · accounts · employer contribution
2023— · $306K emplr
2022$3.5M · 164 accts · $410K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,533
Investment management$11,646
Total administrative$19,179
The The Now Parent LLC 401(k) match · 2022
Employer contribution per active participant$2,948
Median for plans this size$1,114

The Now Parent LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$19,179 · 1.08%
Similar plansOther Services · California
A Better Way, Inc. CA$3.6M · 0.07%
Dfa of California CA$3.6M · 0.06%
Martin Auto Color Inc CA$3.6M · 0.91%
U.S. Pole Company, Inc. CA$3.6M · 0.45%
Bay Photo, Inc. CA$3.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842317623 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.