Employers › Icon Health & Fitness
Recordkeeping fees per participant · Ifit Inc. 401(k) Plan · plan year 2024
$83.53
Higher than 62% of the 5,847 plans $50 to 250M that report it.
= $78,932 / 945
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015233748NAL0011844978001, received 2025-10-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015233748NAL0011844978001, received 2025-10-16
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-16.
Administrative expenses excluding investment management, per participant
$113.36
Higher than 61% of the 8,758 plans $50 to 250M that report it.
= $107,129 / 945
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015233748NAL0011844978001, received 2025-10-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015233748NAL0011844978001, received 2025-10-16
Administrative expenses per participant
$229.81
Higher than 77% of the 9,042 plans $50 to 250M that report it.
= $217,166 / 945
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015233748NAL0011844978001, received 2025-10-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015233748NAL0011844978001, received 2025-10-16
Administrative expenses as a share of assets
0.284%
Higher than 85% of the 9,049 plans $50 to 250M that report it.
= $217,166 / $76,574,280
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015233748NAL0011844978001, received 2025-10-16
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015233748NAL0011844978001, received 2025-10-16
Employer contributions per participant
$1,455
Higher than 20% of the 9,105 plans $50 to 250M that report it.
= $1,375,230 / 945
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015233748NAL0011844978001, received 2025-10-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015233748NAL0011844978001, received 2025-10-16
Employer share of total contributions
17.4%
Higher than 13% of the 9,112 plans $50 to 250M that report it.
= $1,375,230 / $7,891,637
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015233748NAL0011844978001, received 2025-10-16
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015233748NAL0011844978001, received 2025-10-16
Plan terms are described in Icon Health & Fitness Inc's SEC filings: Form 10-K filed 2006-08-30. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015233748NAL0011844978001, received 2025-10-16
| Field | Value | Source |
|---|---|---|
| Plan sponsor | IFIT INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Plan name | IFIT INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Sponsor EIN / plan number | 87-0531206 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Sponsor location | LOGAN, UT | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Industry (business code) | 423910, Wholesale trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Filing received | 2025-10-16 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Participants, beginning of year | 1,199 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Active participants | 745 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Participants, end of year | 1,094 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Participants with an account balance | 945 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Total assets, beginning of year | $69,019,197 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Total assets, end of year | $76,574,280 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Net assets, end of year | $76,574,280 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Total income | $18,861,729 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Net income | $7,555,083 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Employer contributions | $1,375,230 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Participant contributions | $5,316,754 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Other contributions (incl. rollovers) | $1,199,653 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Total contributions | $7,891,637 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Benefit payments | $11,089,480 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Total expenses (incl. benefit payments) | $11,306,646 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Total administrative expenses | $217,166 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Recordkeeping fees | $78,932 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| IQPA audit fees | $16,800 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Investment advisory and management fees | $110,037 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Administrative expenses excluding investment management | $107,129 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Held in common/collective trusts | $39,580,214 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Held in mutual funds | $35,166,574 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015233748NAL0011844978001, received 2025-10-16 |
| Independent auditor | ARMANINO LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015233748NAL0011844978001, received 2025-10-16 |
Position = column in the DOL layout for form year 2024. Filing 20251015233748NAL0011844978001, received 2025-10-16.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | CONSULTANT | 70 Consulting fees | $110,037 | no |
| MERRILL LYNCH, PIERCE, FENNER AND Srecordkeeper | RECORDKEEPER | 15 Recordkeeping and information management; 52 Investment management fees paid indirectly by plan; 59 Shareholder servicing fees; 60 Sub-transfer agency fees; 62 Float revenue; 63 Distribution (12b-1) fees; 71 Securities brokerage commissions and fees; 72 Other investment fees and expenses | $78,932 | yes |
| COOPER SAVAS | ACCOUNTANT | 10 Accounting (including auditing) | $16,800 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251015233748NAL0011844978001, received 2025-10-16.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $69,019,197 | $76,574,280 | 10.9% |
| Participants with a balance | 971 | 945 | -2.7% |
| Administrative expenses | $101,161 | $217,166 | 114.7% |
| Recordkeeping fees per participant | $90.71 | $83.53 | -7.9% |
| Employer contributions | $793,954 | $1,375,230 | 73.2% |
Prior filing 20240919140551NAL0003602819001, received 2024-09-19; the plan years are contiguous.
Sponsor name as filed: IFIT INC.; SEC registrant: ICON HEALTH & FITNESS INC (CIK 934798, matched by EIN).