Otf Fitness Partners Houston LLC 401(k) Review & Grade
Otf Fitness Partners Houston LLC 401(k) Profit Sharing Plan and Trust
Houston, TXArts, Entertainment & Recreation502 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$462Employer $ per active participant
$989Employee $ saved per active participant
1.16%Direct admin cost, % of plan assets
$3.0MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity15.4 / 5031th percentile for employer $ per participant
- Low cost1.2 / 255th percentile for low admin cost vs. same-size plans
- Employee saving3.3 / 1522th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score23 / 100 · Grade F
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 500–2,499 active participants (225 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 31th |
| Lower admin cost | 5th |
| Employee saving | 22th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Otf Fitness Partners Houston put in about $462 per active participant, below the typical peer ($995). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (1.16% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $232,106 |
| Participant (employee) contributions | $496,828 |
| Other contributions (incl. rollovers in) | $0 |
| Administrative expenses paid from the plan | $31,792 |
| Investment advisory & management fees | $3,070 |
| Benefits paid out | $646,886 |
| Net assets, start / end of year | $2.5M / $3.0M |
| Active participants, start / end of year | 548 / 457 |
| Participants with account balances | 138 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Calvin Martin & Company, PLLC |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $28,722 reported compensation |
| Osaic Wealth Inc | $13,760 reported compensation |
| Empower Advisory Group, LLC | $3,070 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250731122636NAL0002574035001, received 2025-07-31, EIN 46-2401265, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.