Plan Ledger DOL Form 5500 · updated monthly

Addison Reserve Master Property401(k)

ADDISON RESERVE MASTER PROPERTY OWNERS ASSOCIATION INC. 401(K) P · DELRAY BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.23%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Addison Reserve Master Property reported $28,881 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,657 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.230%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 1,468th-largest of 3,644 plans among Florida employers on file, and the 562nd of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,512,379
Participants with balances147
Active participants130
Employer contributions$345,467
Employee contributions$702,727
Employer contribution per active participant$2,657
Average account balance$91,921
Benefits paid to participants$783,030
Plan auditUnmodified (clean) audit opinion
AuditorHOLYFIELD & THOMAS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 147 accts · $345K emplr
2023$11.6M · 136 accts · $304K emplr
2022$9.9M · 140 accts · $285K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,627
Investment management$27,254
Total administrative$28,881
The Addison Reserve Master Property 401(k) match · 2024
Employer contribution per active participant$2,657
Median for plans this size$2,416
2024$2,657 per active participant
2023$2,318 per active participant
2022$2,265 per active participant

Addison Reserve Master Property's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
LPL FINANCIAL · Recordkeeping · Trustee$27,254
ADP, INC. · Loan processing · Recordkeeping$1,627
ADP BROKER-DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, LPL Financial
2023ADP, LPL Financial

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$28,881 · 0.23%
2023$24,951 · 0.23%
2022$27,570 · 0.23%
Same employer
Similar plansArts, Entertainment & Recreation · Florida
Ripley Entertainment, Inc. FL$15.7M · 0.48%
Bonita Bay Club, Inc. FL$15.3M · 0.51%
Hampton Golf Inc FL$12.6M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650596868 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.