Plan Ledger DOL Form 5500 · updated monthly

Fun Spot of Florida, Inc.401(k)

FUN SPOT OF FLORIDA, INC. 401K · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Fun Spot of Florida, Inc. reported $9,763 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $779 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 0.11% to 0.27%. 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 Florida (2,685th of 3,644), and 998th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,003,435
Participants with balances128
Active participants218
Employer contributions$169,787
Employee contributions$373,723
Employer contribution per active participant$779
Average account balance$31,277
Benefits paid to participants$179,921
Plan auditUnmodified (clean) audit opinion
AuditorBKHM P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 128 accts · $170K emplr
2023$3.2M · 123 accts · $144K emplr
2022$2.7M · 122 accts · $149K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,109
Investment management$948
Audit (IQPA)$1,428
Total administrative$9,763
The Fun Spot of Florida, Inc. 401(k) match · 2024
Employer contribution per active participant$779
Median for plans this size$1,313
2024$779 per active participant
2023$300 per active participant
2022$700 per active participant

Fun Spot of Florida, Inc.'s 2024 employer contribution ran below 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$4,221
RETIREMENT SOLUTIONS SPECIALISTS · Contract administrator · Other services$2,625

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$9,763 · 0.27%
2023$2,829 · 0.10%
2022$3,372 · 0.11%
Similar plansArts, Entertainment & Recreation · Florida
Museum of Science, Inc. FL$4.3M · 0.54%
Cr Fitness Holdings LLC FL$4.2M · 2.06%
Miami City Ballet, Inc. FL$3.6M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593203953 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.