Plan Ledger DOL Form 5500 · updated monthly

Wasserman Music, LLC401(k)

WASSERMAN MUSIC 401K PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Wasserman Music, LLC reported $53,029 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $1,472 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 0.34% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 3,935th-largest of 9,483 plans among California employers on file, and the 457th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $6.20 for every $1.00 the employer contributed; active participation has grown from 213 to 292 since 2022.

Plan summary
Net assets, end of year$17,822,607
Participants with balances306
Active participants292
Employer contributions$429,782
Employee contributions$2,665,229
Employer contribution per active participant$1,472
Average account balance$58,244
Benefits paid to participants$162,478
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $409K emplr
2024$17.8M · 306 accts · $430K emplr
2023$12.1M · 199 accts · $349K emplr
2022$7.4M · 219 accts · $91K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,720
Investment management$18,309
Total administrative$53,029
The Wasserman Music, LLC 401(k) match · 2024
Employer contribution per active participant$1,472
Median for plans this size$2,416
2024$1,472 per active participant
2023$1,687 per active participant
2022$426 per active participant

Wasserman Music, LLC's 2024 employer contribution ran below the $2,416 median for plans its size. 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$34,720
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$15,854

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

Administrative cost history4
2025Not separately reported
2024$53,029 · 0.35%
2023$42,245 · 0.43%
2022$23,016 · 0.34%
Similar plansArts, Entertainment & Recreation · California
Los Angeles Country Club CA$19.8M · 0.16%
Bighorn Golf Club CA$19.5M · 0.74%
Reading International, Inc. CA$17.1M · 0.10%
ALL3MEDIA USA, Inc. CA$16.8M · 0.40%
Scott D Boras CA$16.7M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 852275705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.