Plan Ledger DOL Form 5500 · updated monthly

Duty Free Americas, Inc.401(k)

DUTY FREE AMERICAS, INC. RETIREMENT SAVINGS PLAN · HOLLYWOOD, FL · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Duty Free Americas, Inc. reported $53,902 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $273 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 0.20% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 806th-largest of 3,644 plans among Florida employers on file, and the 1,018th of 5,215 in retail trade. In 2024, employees put in $5.34 for every $1.00 the employer contributed; active participation has grown from 996 to 1,257 since 2022.

Plan summary
Net assets, end of year$30,306,387
Participants with balances1,117
Active participants1,257
Employer contributions$343,724
Employee contributions$1,834,905
Employer contribution per active participant$273
Average account balance$27,132
Benefits paid to participants$3,097,803
Plan auditUnmodified (clean) audit opinion
AuditorBERKOWITZ POLLACK BRANT ADVISORS &A
Plan history3
Yearassets · accounts · employer contribution
2024$30.3M · 1,117 accts · $344K emplr
2023$29.1M · 1,775 accts · $320K emplr
2022$26.2M · 1,193 accts · $242K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,902
Total administrative$53,902
The Duty Free Americas, Inc. 401(k) match · 2024
Employer contribution per active participant$273
Median for plans this size$2,416
2024$273 per active participant
2023$289 per active participant
2022$243 per active participant

Duty Free Americas, 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 · 20244
LPL FINANCIAL LLCindirect comp
TRIAD INSURANCE AGENCY INCindirect comp
OSAIC WEALTH INCindirect comp

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$53,902 · 0.18%
2023$56,449 · 0.20%
2022$57,424 · 0.20%
Same employer
Similar plansRetail Trade · Florida
Welldyne Rx FL$32.7M · 0.20%
Mayors Jewelers, Inc. FL$32.0M · 0.20%
Williamson Cadillac Company FL$29.9M · 0.81%
Schumacher Auto Group, Inc. FL$29.3M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521292246 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.