Plan Ledger DOL Form 5500 · updated monthly

Frankies Fun Park LLC401(k)

FRANKIES' FUN PARK 401(K) PLAN · CHARLESTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Frankies Fun Park LLC reported $5,099 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,187 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 rose from 0.04% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in South Carolina (410th of 807), and 659th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has grown from 200 to 221 since 2022.

Plan summary
Net assets, end of year$10,752,248
Participants with balances173
Active participants221
Employer contributions$483,244
Employee contributions$717,025
Employer contribution per active participant$2,187
Average account balance$62,152
Benefits paid to participants$514,141
Plan auditUnmodified (clean) audit opinion
AuditorPRICE KUBECKA PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 173 accts · $483K emplr
2023$8.6M · 175 accts · $424K emplr
2022$6.2M · 165 accts · $397K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,099
Total administrative$5,099
The Frankies Fun Park LLC 401(k) match · 2024
Employer contribution per active participant$2,187
Median for plans this size$1,313
2024$2,187 per active participant
2023$2,008 per active participant
2022$1,985 per active participant

Frankies Fun Park LLC's 2024 employer contribution ran above the $1,313 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$5,099

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$5,099 · 0.05%
2023$2,483 · 0.03%
2022$2,856 · 0.04%
Similar plansArts, Entertainment & Recreation · South Carolina
Seattle Soccer LLC WA$10.8M · 0.04%
Riviera Golf & Tennis, Inc CA$10.8M · 0.56%
The Landings Club, Inc. GA$10.8M · 0.58%
Frenchman's Creek, Inc. FL$10.8M · 0.50%
Atlanta Athletic Club GA$10.6M · 0.56%
The Flea Market, Inc. CA$10.6M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201456022 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.