Plan Ledger DOL Form 5500 · updated monthly

Full Sail, LLC401(k)

FULL SAIL 401(K) SAVINGS PLAN · WINTER PARK, FL · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Full Sail, LLC reported $386,490 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $510 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 0.23% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 236th-largest of 3,644 plans among Florida employers on file, and the 364th of 3,091 in educational services. In 2024, employees put in $8.22 for every $1.00 the employer contributed; active participation has grown from 1,922 to 2,430 since 2022.

Plan summary
Net assets, end of year$148,971,278
Participants with balances2,608
Active participants2,430
Employer contributions$1,238,812
Employee contributions$10,187,056
Employer contribution per active participant$510
Average account balance$57,121
Benefits paid to participants$5,804,915
Plan auditUnmodified (clean) audit opinion
AuditorCLA
Plan history3
Yearassets · accounts · employer contribution
2024$149.0M · 2,608 accts · $1.2M emplr
2023$125.3M · 2,485 accts · $1.2M emplr
2022$98.9M · 2,284 accts · $947K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$165,166
Investment management$110,853
Total administrative$386,490
The Full Sail, LLC 401(k) match · 2024
Employer contribution per active participant$510
Median for plans this size$3,635
2024$510 per active participant
2023$521 per active participant
2022$493 per active participant

Full Sail, LLC's 2024 employer contribution ran below the $3,635 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
ADVUS FINANCIAL PARTNERS LLC · Investment advisory (plan)$110,853

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$386,490 · 0.28%
2023$242,283 · 0.22%
2022$249,910 · 0.23%
Same employer
Similar plansEducational Services · Florida
Rollins College FL$218.4M · 0.19%
Laureate Education, Inc. FL$173.5M · 0.18%
Eckerd College, Inc. FL$153.7M · 0.03%
Everglades College, Inc. FL$133.2M · 0.36%
Barry University FL$122.5M · 0.18%
Saint Leo University FL$119.3M · 0.14%
Lynn University, Inc. FL$102.2M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592111456 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.