Plan Ledger DOL Form 5500 · updated monthly

US Fitness Holdings, LLC401(k)

US FITNESS HOLDINGS, LLC 401(K) PROFIT SHARING PLAN · MCLEAN, VA · plan year 2023

Reported admin expense ratio · 2023
3.25%

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

US Fitness Holdings, LLC reported $240,262 in plan administrative expenses for 2023: 3.25% of average plan assets, higher than ~90% of peers. Employer contributions averaged $29 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 has held roughly steady near 3.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Virginia (1,533rd of 2,266), and 726th of 1,311 in arts, entertainment & recreation. In 2023, employees put in $22.35 for every $1.00 the employer contributed; active participation has grown from 870 to 3,971 since 2022.

Plan summary
Net assets, end of year$8,926,931
Participants with balances2,266
Active participants3,971
Employer contributions$115,618
Employee contributions$2,583,930
Employer contribution per active participant$29
Average account balance$3,940
Benefits paid to participants$646,548
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$8.9M · 2,266 accts · $116K emplr
2022$5.9M · 1,108 accts · $76K emplr
The US Fitness Holdings, LLC 401(k) match · 2023
Employer contribution per active participant$29
Median for plans this size$1,308
2023$29 per active participant
2022$87 per active participant

US Fitness Holdings, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
NATIONWIDE · Recordkeeping · Investment advisory (participants)$202,202
WELLS FARGO CLEARING SERVICES, LLC · Insurance broker$2,926

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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Administrative cost history3
2024Not separately reported
2023$240,262 · 3.25%
2022$194,316 · 3.39%
Same employer
Similar plansArts, Entertainment & Recreation · Virginia
Army Navy Country Club VA$21.2M · 0.36%
Farmington Country Club VA$15.1M · 0.41%
Chrysler Museum Inc. VA$8.1M · 0.01%
Ticket Evolution, Inc. VA$6.5M · 0.72%
The Montpelier Foundation VA$5.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452444319 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.