Plan Ledger DOL Form 5500 · updated monthly

Club Med Sales, Inc.401(k)

CLUB MED SALES AND MANAGEMENT EMPLOYEE RETIREMENT PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Club Med Sales, Inc. reported $92,048 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,328 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 9 years on file its reported administrative ratio rose from 0.01% to 0.56%. 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 1,212th-largest of 3,644 plans among Florida employers on file, and the 339th of 2,240 in accommodation & food services. In 2024, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,848,231
Participants with balances251
Active participants149
Employer contributions$346,855
Employee contributions$721,322
Employer contribution per active participant$2,328
Average account balance$71,108
Benefits paid to participants$368,547
Plan auditUnmodified (clean) audit opinion
Plan history8
Yearassets · accounts · employer contribution
2024$17.8M · 251 accts · $347K emplr
2023$15.2M · 264 accts · $304K emplr
2022$13.1M · 263 accts · $275K emplr
2019$15.4M · 263 accts · $48K emplr
2018$14.8M · 259 accts · $350K emplr
2017$12.6M · 255 accts · $335K emplr
2016$12.5M · 254 accts · $300K emplr
2015$10.8M · 258 accts · $275K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,048
Total administrative$92,048
The Club Med Sales, Inc. 401(k) match · 2024
Employer contribution per active participant$2,328
Median for plans this size$2,416
2024$2,328 per active participant
2023$2,043 per active participant
2022$1,881 per active participant
2019$351 per active participant
2018$2,575 per active participant

Club Med Sales, 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 · 20242
JOHN HANCOCK LIFE INSURANCE CO U.S. · Recordkeeping · Investment management$842
WILSHIRE ASSOCIATES · Investment advisory (participants)$3,306

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
2023John Hancock

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

Administrative cost history8
2024$92,048 · 0.56%
2023$75,400 · 0.53%
2022$80,504 · 0.53%
2019$724 · 0.00%
2018$1,996 · 0.01%
2017$2,460 · 0.02%
2016$842 · 0.01%
2015$835 · 0.01%
Similar plansAccommodation & Food Services · Florida
T.L. Cannon Corporation FL$19.4M · 0.02%
Joe's Stone Crabs, Inc. FL$18.4M · 0.10%
T.B.H.C., Inc. FL$16.2M · 0.49%
Flanigans Enterprises, Inc. FL$14.5M · 0.06%
The Gasparilla Inn, Inc. FL$13.8M · 0.64%
Sandestin Beach Hotel, LTD FL$13.4M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133458703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.