Plan Ledger DOL Form 5500 · updated monthly

Fontainebleau Development Hospitality 401K Plan401(k)

FONTAINEBLEAU DEVELOPMENT HOSPITALITY 401K PLAN · AVENTURA, FL · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Fontainebleau Development Hospitality 401K Plan reported $54,486 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $386 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 0.35% to 0.33%. 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 1,198th-largest of 3,644 plans among Florida employers on file, and the 337th of 2,240 in accommodation & food services. In 2024, employees put in $3.17 for every $1.00 the employer contributed; active participation has grown from 696 to 1,285 since 2022.

Plan summary
Net assets, end of year$18,025,245
Participants with balances390
Active participants1,285
Employer contributions$495,708
Employee contributions$1,573,186
Employer contribution per active participant$386
Average account balance$46,219
Benefits paid to participants$1,476,888
Plan auditUnmodified (clean) audit opinion
AuditorGERSTLE, ROSEN & GOLDENBERG, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$18.0M · 390 accts · $496K emplr
2023$15.0M · 361 accts · $447K emplr
2022$12.1M · 320 accts · $399K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,574
Investment management$12,912
Total administrative$54,486
The Fontainebleau Development Hospitality 401K Plan 401(k) match · 2024
Employer contribution per active participant$386
Median for plans this size$2,416
2024$386 per active participant
2023$532 per active participant
2022$573 per active participant

Fontainebleau Development Hospitality 401K Plan'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$41,574
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,912

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$54,486 · 0.33%
2023$43,680 · 0.32%
2022$45,489 · 0.35%
Similar plansAccommodation & Food Services · Florida
Playa Management USA, LLC FL$20.8M · 0.12%
T.L. Cannon Corporation FL$19.4M · 0.02%
Joe's Stone Crabs, Inc. FL$18.4M · 0.10%
Club Med Sales, Inc. FL$17.8M · 0.56%
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%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203575699 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.