Plan Ledger DOL Form 5500 · updated monthly

Fontainebleau Florida Hotel LLC401(k)

FONTAINEBLEAU DEVELOPMENT LLC 401(K) PLAN · MIAMI BEACH, FL · plan year 2023

Reported admin expense ratio · 2023
0.24%

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

Fontainebleau Florida Hotel LLC reported $29,140 in plan administrative expenses for 2023: 0.24% of average plan assets, below the peer median. Employer contributions averaged $313 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 3 years on file its reported administrative ratio has held roughly steady near 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,304th-largest of 3,644 plans among Florida employers on file, and the 794th of 2,096 in real estate & leasing. In 2023, the employer put in $1.19 for every $1.00 employees contributed themselves; active participation has grown from 258 to 5,178 since 2022.

Plan summary
Net assets, end of year$16,150,856
Participants with balances1,927
Active participants5,178
Employer contributions$1,618,161
Employee contributions$1,365,502
Employer contribution per active participant$313
Average account balance$8,381
Benefits paid to participants$815,015
Plan auditUnmodified (clean) audit opinion
AuditorMATTHEW GONZALEZ
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 205 accts · $2.8M emplr
2023$16.2M · 1,927 accts · $1.6M emplr
2022$7.9M · 258 accts · $831K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,540
Investment management$3,600
Total administrative$29,140
The Fontainebleau Florida Hotel LLC 401(k) match · 2023
Employer contribution per active participant$313
Median for plans this size$2,440
2024$15,949 per active participant
2023$313 per active participant
2022$3,220 per active participant

Fontainebleau Florida Hotel LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$25,540

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$39,772 · 0.26%
2023$29,140 · 0.24%
2022$20,256 · 0.27%
Same employer
Similar plansReal Estate & Leasing · Florida
Ifco Systems US, LLC FL$18.6M · 0.51%
Castle Management, LLC FL$18.4M · 0.89%
Wrh Realty Services, Inc. FL$17.9M · 0.58%
Vacation Innovations, LLC FL$15.7M · 0.47%
Cpg Property Services LLC FL$15.4M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833330855 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.