Plan Ledger DOL Form 5500 · updated monthly

Town Sports Group, LLC401(k)

TOWN SPORTS GROUP, LLC 401(K) PLAN · JUPITER, FL · plan year 2024

Reported admin expense ratio · 2024
1.20%

Town Sports Group, LLC reported $11,747 in plan administrative expenses for 2024: 1.20% of average plan assets, above the peer median. 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 1.09% to 1.20%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Florida (3,326th of 3,644), and 1,215th of 1,311 in arts, entertainment & recreation. active participation has shrunk from 374 to 282 since 2022.

Plan summary
Net assets, end of year$1,143,102
Participants with balances322
Active participants282
Employer contributions—
Employee contributions$445,595
Employer contribution per active participant—
Average account balance$3,550
Benefits paid to participants$195,477
Plan auditUnmodified (clean) audit opinion
AuditorFRENDEL BROWN & WEISSMAN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.1M · 322 accts
2023$817K · 356 accts
2022$551K · 276 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,747
Total administrative$11,747
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$11,747

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$11,747 · 1.20%
2023$6,673 · 0.98%
2022$4,935 · 1.09%
Similar plansArts, Entertainment & Recreation · Florida
Pope Properties, Inc. FL$686K · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364865223 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.