Plan Ledger DOL Form 5500 · updated monthly

The Spa and Sauna Company, LLC401(k)

THE SPA AND SAUNA COMPANY, LLC PROFIT SHARING 401(K) PLAN & TRUST · RENO, NV · plan year 2024

Reported admin expense ratio · 2024
1.19%

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

The Spa and Sauna Company, LLC reported $24,557 in plan administrative expenses for 2024: 1.19% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,656 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 1 year on file its reported administrative ratio rose from 0.16% to 1.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Nevada (344th of 437), and 4,589th of 5,215 in retail trade. In 2024, the employer put in $3.02 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,257,369
Participants with balances96
Active participants63
Employer contributions$293,305
Employee contributions$97,141
Employer contribution per active participant$4,656
Average account balance$23,514
Benefits paid to participants$179,866
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.3M · 96 accts · $293K emplr
2023$1.9M · 142 accts · $270K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,557
Total administrative$24,557
The The Spa and Sauna Company, LLC 401(k) match · 2024
Employer contribution per active participant$4,656
Median for plans this size$1,313
2024$4,656 per active participant
2023$4,359 per active participant

The Spa and Sauna Company, LLC'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.

Administrative cost history2
2024$24,557 · 1.19%
2023$2,530 · 0.16%
Similar plansRetail Trade · Nevada
Green Valley Grocery 401K NV$4.8M · 0.43%
Tcp Global Corp. NV$4.5M · 0.47%
Cret LLC NV$3.3M
Peter Lik USA, Inc. NV$1.7M · 0.94%
K-Market, Inc. NV$1.4M · 1.19%
Feature LLC NV$1.2M · 1.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472742544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.