Plan Snapshot
- Plan Sponsor: Pla-Fit Franchise, LLC
- Sponsor EIN: 593764075
- Sponsor Address: 4 LIBERTY LANE WEST, HAMPTON, NH, 03842
- Plan Type: 401(k)
- Total Participants: 2,683
- Total Assets: $37.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 2,683 | $37.3M | $1.5M | $3.2M |
| 2023 | 2,336 | $32.1M | $1.4M | $2.8M |
| 2022 | 1,930 | $23.9M | $1.1M | $2.3M |
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 |
|---|---|---|---|---|
| CREATIVE PLANNING, LLC | Investment Advisor | $85,871 | $23 | $85,894 |
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $14,664 | — | $14,664 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CREATIVE PLANNING, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $100,558
- Estimated Expense Ratio: 0.270% 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 | $100,546 | $85,882 | $14,664 | — | — |
| 2023 | $76,246 | $65,796 | $10,450 | — | — |
| 2022 | $64,771 | $56,091 | $8,680 | — | — |