Plan Ledger DOL Form 5500 · updated monthly

Catalina Island Company401(k)

SANTA CATALINA ISLAND SAVINGS PLAN · AVALON, CA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Catalina Island Company reported $111,394 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $2,289 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 rose from 0.26% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 2,887th-largest of 9,483 plans among California employers on file, and the 225th of 2,240 in accommodation & food services. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has shrunk from 396 to 300 since 2022.

Plan summary
Net assets, end of year$27,258,970
Participants with balances414
Active participants300
Employer contributions$686,596
Employee contributions$1,195,367
Employer contribution per active participant$2,289
Average account balance$65,843
Benefits paid to participants$2,019,232
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.3M · 414 accts · $687K emplr
2023$24.1M · 514 accts · $717K emplr
2022$21.2M · 420 accts · $555K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,520
Investment management$75,874
Total administrative$111,394
The Catalina Island Company 401(k) match · 2024
Employer contribution per active participant$2,289
Median for plans this size$2,416
2024$2,289 per active participant
2023$2,078 per active participant
2022$1,402 per active participant

Catalina Island Company'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 · 20242
NFP RETIREMENT INC · Investment advisory (plan)$75,874

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

Administrative cost history3
2024$111,394 · 0.43%
2023$109,000 · 0.48%
2022$58,484 · 0.26%
Same employer
Similar plansAccommodation & Food Services · California
Sweetgreen, Inc. CA$29.7M · 0.37%
El Pollo Loco, Inc. CA$27.9M · 0.18%
Ito, Inc. CA$27.8M · 0.16%
Ols Hotels & Resorts, LLC CA$26.5M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330672690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.