Plan Ledger DOL Form 5500 · updated monthly

Bonita Bay Club, Inc.401(k)

BONITA BAY CLUB 401(K) PLAN · BONITA SPRINGS, FL · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Bonita Bay Club, Inc. reported $74,440 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,350 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 2 years on file its reported administrative ratio fell from 0.60% to 0.51%. 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 1,353rd-largest of 3,644 plans among Florida employers on file, and the 511th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.46 for every $1.00 the employer contributed; active participation has grown from 223 to 308 since 2022.

Plan summary
Net assets, end of year$15,275,593
Participants with balances163
Active participants308
Employer contributions$415,867
Employee contributions$1,021,375
Employer contribution per active participant$1,350
Average account balance$93,715
Benefits paid to participants$1,875,043
Plan auditUnmodified (clean) audit opinion
AuditorKERKERING, BARBERIO & CO
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 163 accts · $416K emplr
2023$14.0M · 160 accts · $387K emplr
2022$11.6M · 142 accts · $365K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,981
Investment management$41,459
Total administrative$74,440
The Bonita Bay Club, Inc. 401(k) match · 2024
Employer contribution per active participant$1,350
Median for plans this size$2,416
2024$1,350 per active participant
2023$1,471 per active participant
2022$1,637 per active participant

Bonita Bay Club, Inc.'s 2024 employer contribution ran below 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 · 20244
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$5,442
KB PENSION SERVICES, INC. · Recordkeeping$2,180
RAYMOND JAMES & ASSOCIATES · Investment advisory (participants)$36,380
INTELLUS ADVISORS, LLC · Investment advisory (participants)$5,079

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

Recordkeeper by year2
2024John Hancock, KB PENSION SERVICES, INC.
2023John Hancock, KB PENSION SERVICES, INC.

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Administrative cost history3
2024$74,440 · 0.51%
2023$71,433 · 0.56%
2022$73,012 · 0.60%
Same employer
Similar plansArts, Entertainment & Recreation · Florida
Royal Poinciana Golf Club FL$19.1M · 0.17%
Ripley Entertainment, Inc. FL$15.7M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270155624 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.