Plan Ledger DOL Form 5500 · updated monthly

Cenvill Recreation, Inc401(k)

CENVILL RECREATION, INC. 401(K) PROFIT SHARING PLAN & TRUST · WEST PALM BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Cenvill Recreation, Inc reported $46,285 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $1,292 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 0.46% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,538th-largest of 3,644 plans among Florida employers on file, and the 965th of 2,096 in real estate & leasing. In 2024, employees put in $3.16 for every $1.00 the employer contributed; active participation has grown from 124 to 166 since 2022.

Plan summary
Net assets, end of year$12,492,701
Participants with balances143
Active participants166
Employer contributions$214,548
Employee contributions$678,519
Employer contribution per active participant$1,292
Average account balance$87,362
Benefits paid to participants$1,158,118
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 143 accts · $215K emplr
2023$11.4M · 138 accts · $204K emplr
2022$10.0M · 133 accts · $187K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,575
Investment management$29,510
Audit (IQPA)$4,000
Total administrative$46,285
The Cenvill Recreation, Inc 401(k) match · 2024
Employer contribution per active participant$1,292
Median for plans this size$2,416
2024$1,292 per active participant
2023$1,584 per active participant
2022$1,508 per active participant

Cenvill Recreation, Inc's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
CLOSED DLR-AMERICAN PORTFOLIOS · Investment advisory (plan)$29,510
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,775

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$46,285 · 0.39%
2023$49,392 · 0.46%
2022$52,579 · 0.46%
Same employer
Similar plansReal Estate & Leasing · Florida
Watson Realty Corp. FL$14.7M · 0.70%
Daily Management, Inc. FL$14.5M · 0.66%
Crm Management, LLC FL$11.9M · 0.55%
Accesso Partners, LLC FL$11.9M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592107653 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.