Fat Face 401(k) match, vesting and fees
What Fat Face's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | ADP, Inc. | Schedule C ↗ |
| Independent auditor | Torrillo & Associates LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,141 defined-contribution plans in retail trade with 100 to 499 participants.
| Fat Face: employer contribution per participant | $325 | |
| Peer median | $1,216 |
| Fat Face: average balance | $2,140 | |
| Peer median | $50,590 |
| Fat Face: admin expenses ÷ assets | 7.60% | |
| Peer median | 0.43% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $168K at the end of plan year 2021 to $400K at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 206 | $400K | $61K | $325 | 7.60% | Not published | Form 5500 ↗ |
| 2023 | 189 | $397K | $54K | $346 | 3.81% | Not published | 5500-SF ↗ |
| 2022 | 133 | $214K | $32K | $771 | 2.19% | Not published | 5500-SF ↗ |
| 2021 | 99 | $168K | $25K | $802 | 4.13% | Not published | 5500-SF ↗ |
Common questions
Does Fat Face match 401(k) contributions?
The match terms for the Fat Face Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $61K in employer contributions, about $325 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Fat Face 401(k) match vested?
The vesting schedule for the Fat Face Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Fat Face 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is ADP, Inc.. The plan administrator is Fat Face Inc..
I left Fat Face. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Fat Face Inc., (239) 244-1141) or the recordkeeper, ADP, Inc.. The Fat Face old 401(k) page lists the contacts from every plan filing. Find an old Fat Face 401(k)
Data from the public Form 5500 annual reports Fat Face filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Fat Face. Not financial advice. Report a correction · Methodology