Plan Ledger DOL Form 5500 · updated monthly

Fontainebleau Florida Hotel LLC401(k)

FONTAINEBLEAU FLORIDA HOTEL 401(K) PLAN · MIAMI BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Fontainebleau Florida Hotel LLC reported $70,754 in plan administrative expenses for 2024: 0.26% of average plan assets, below 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 0.28% to 0.26%. 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 836th-largest of 3,644 plans among Florida employers on file, and the 208th of 2,240 in accommodation & food services. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 699 to 882 since 2022.

Plan summary
Net assets, end of year$29,230,822
Participants with balances656
Active participants882
Employer contributions$1,139,713
Employee contributions$2,083,907
Employer contribution per active participant$1,292
Average account balance$44,559
Benefits paid to participants$3,284,035
Plan auditUnmodified (clean) audit opinion
AuditorBERKOWITZ POLLACK BRANT
Plan history3
Yearassets · accounts · employer contribution
2024$29.2M · 656 accts · $1.1M emplr
2023$25.6M · 638 accts · $1.2M emplr
2022$20.6M · 634 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,754
Total administrative$70,754
The Fontainebleau Florida Hotel LLC 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$1,636 per active participant
2022$1,794 per active participant

Fontainebleau Florida Hotel LLC'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$70,754

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$70,754 · 0.26%
2023$61,111 · 0.26%
2022$61,749 · 0.28%
Similar plansAccommodation & Food Services · Florida
Pb Restaurants, LLC FL$32.2M · 0.51%
Sh Group Operations, LLC FL$28.2M · 0.37%
Hotelbeds USA, Inc. FL$26.6M · 0.24%
Grand Performer Inc FL$22.0M · 0.97%
Playa Management USA, LLC FL$20.8M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202401133 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.