Retirement plan

PLANET FITNESS 401(K) PLAN

Name: PLA-FIT FRANCHISE, LLC - PLANET FITNESS 401(K) PLAN (2025) Form 5500
Creator: PLA-FIT FRANCHISE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PLANET FITNESS 401(K) PLAN, PLA-FIT FRANCHISE, LLC

PLA-FIT FRANCHISE, LLCEIN 59-3764075Plan #001PY 2025

4 LIBERTY LANE WEST - HAMPTON, NH 03842603-750-0001LinkedIn501-1000 employeesrecreational facilities and services

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$45.7M

+22.6% from 2024

Total participants

2,935

+5.2% from 2024

Average account balance

$70,327

+7.7% from 2024

Annual return

22.35%

+6.80 pp from 2024

Benchmarks

See 31 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants1,000-4,999

Cohort31 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$45.71M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$70K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

650

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

18.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+22.35%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$164

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
CREATIVE PLANNING LLC2 years Filed as: CREATIVE PLANNING, LLC Service code 27 · EIN 43-1270780	Advisory (Plan)	$88,953
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290	Contract Administrator	$17,532

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$106K

$38 / participant

Investment mgmt$89K83.5%
Contract admin$18K16.5%

% of EOY assets

0.233%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CARON & BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$70,327

$90,621-22.4%

$120,225-41.5%

$103,975-32.4%

Participation rate

18.9%

53.5%-34.6pp

69.6%-50.7pp

72.5%-53.6pp

Annual return

22.35%

16.48%+5.9pp

439.23%-416.9pp

19.41%+2.9pp

Employer contribution / active EE

$596

$4,227-85.9%

$3,475-82.8%

$3,722-84.0%

Participant deferral / active EE

$1,249

$3,312-62.3%

$3,999-68.8%

$5,343-76.6%

Admin fee / account holder

$164

$428-61.7%

$5,696-97.1%

$332-50.7%

Provider

Service type

Compensation

CREATIVE PLANNING LLC2 years

Filed as: CREATIVE PLANNING, LLC

Service code 27 · EIN 43-1270780

Advisory (Plan)

$88,953

PRINCIPAL LIFE INSURANCE COMPANY10+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$17,532

PLANET FITNESS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PLANET FITNESS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion