Plan Snapshot
- Plan Sponsor: 24 Hour Fitness Usa, LLC
- Sponsor EIN: 942899899
- Sponsor Address: 1265 LAUREL TREE LANE, CARLSBAD, CA, 92011
- Plan Type: 401(k)
- Total Participants: 6,034
- Total Assets: $86.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 6,034 | $86.5M | $467,407 | $4.1M |
| 2023 | 4,873 | $86.5M | $494,265 | $4.6M |
| 2022 | 5,768 | $77.5M | $577,883 | $5.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| COMYNS SMITH MCCLEARY & DEAVER LLP | Auditor | $18,500 | — | $18,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,500
- Estimated Expense Ratio: 0.021% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $244,904 | $43,750 | — | $18,500 | — |
| 2023 | $250,421 | $56,250 | — | $17,900 | — |
| 2022 | $256,360 | $68,000 | — | — | $17,000 |