Plan Ledger DOL Form 5500 · updated monthly

Gleneagles Country Club, Inc.401(k)

GLENEAGLES COUNTRY CLUB, INC. 401(K) PLAN · DELRAY BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.93%

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

Gleneagles Country Club, Inc. reported $76,025 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $805 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 0.93%. 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 (1,936th of 3,644), and 739th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $3.99 for every $1.00 the employer contributed; active participation has grown from 200 to 236 since 2022.

Plan summary
Net assets, end of year$8,623,646
Participants with balances191
Active participants236
Employer contributions$189,869
Employee contributions$757,291
Employer contribution per active participant$805
Average account balance$45,150
Benefits paid to participants$644,254
Plan auditUnmodified (clean) audit opinion
AuditorHOLYFIELD & THOMAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 191 accts · $190K emplr
2023$7.8M · 187 accts · $167K emplr
2022$6.5M · 181 accts · $160K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,511
Investment management$31,514
Total administrative$76,025
The Gleneagles Country Club, Inc. 401(k) match · 2024
Employer contribution per active participant$805
Median for plans this size$1,313
2024$805 per active participant
2023$779 per active participant
2022$802 per active participant

Gleneagles Country Club, 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
GALLAGHER FIDUCIARY ADVISORS · Investment advisory (participants)indirect comp

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$76,025 · 0.93%
2023$63,299 · 0.89%
2022$62,171 · 0.96%
Same employer
Similar plansArts, Entertainment & Recreation · Florida
Rsource, LLC FL$7.9M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592465667 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.