Plan Ledger DOL Form 5500 · updated monthly

World Surf League401(k)

WORLD SURF LEAGUE 401(K) PROFIT SHARING PLAN AND TRUST · EL SEGUNDO, CA · plan year 2024

Reported admin expense ratio · 2024
0.49%

World Surf League reported $29,068 in plan administrative expenses for 2024: 0.49% of average plan assets, below 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 0.38% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (6,540th of 9,483), and 9,260th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$6,372,222
Participants with balances216
Active participants213
Employer contributions—
Employee contributions$897,455
Employer contribution per active participant—
Average account balance$29,501
Benefits paid to participants$865,182
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 216 accts
2023$5.4M · 216 accts · $4K emplr
2022$3.9M · 168 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,386
Investment management$25,682
Total administrative$29,068
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
FOREST CAPITAL MANAGEMENT, LLC · Recordkeeping · Trustee$25,682
ADP, INC. · Loan processing · Recordkeeping$3,386

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

Recordkeeper by year2
2024ADP, FOREST CAPITAL MANAGEMENT, LLC
2023ADP, FOREST CAPITAL MANAGEMENT, LLC

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Administrative cost history3
2024$29,068 · 0.49%
2023$22,988 · 0.49%
2022$15,683 · 0.38%
Same employer
Similar plansProfessional & Technical Services · California
Mill Industries Inc. CA$6.4M · 0.11%
Marina Landscape, Inc. CA$6.4M · 0.81%
Ten Twenty Four Inc. CA$6.4M · 0.10%
Moravia IT, LLC CA$6.4M · 0.70%
Twic Inc CA$6.4M · 0.13%
Mastagni Holstedt Apc CA$6.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461753105 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.