Plan Ledger DOL Form 5500 · updated monthly

Grey Oaks Country Club, LTD401(k)

GREY OAKS COUNTRY CLUB, LTD SAVINGS PLAN · NAPLES, FL · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Grey Oaks Country Club, LTD reported $57,711 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,202 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 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 1,619th-largest of 3,644 plans among Florida employers on file, and the 618th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.48 for every $1.00 the employer contributed; active participation has grown from 210 to 279 since 2022.

Plan summary
Net assets, end of year$11,659,624
Participants with balances157
Active participants279
Employer contributions$335,219
Employee contributions$832,470
Employer contribution per active participant$1,202
Average account balance$74,265
Benefits paid to participants$1,262,194
Plan auditUnmodified (clean) audit opinion
AuditorHSC/TUSCAN & COMPANY, PA
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 157 accts · $335K emplr
2023$10.5M · 158 accts · $333K emplr
2022$8.6M · 164 accts · $278K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,711
Total administrative$57,711
The Grey Oaks Country Club, LTD 401(k) match · 2024
Employer contribution per active participant$1,202
Median for plans this size$2,416
2024$1,202 per active participant
2023$1,055 per active participant
2022$1,325 per active participant

Grey Oaks Country Club, LTD's 2024 employer contribution ran below the $2,416 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$57,711
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · 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.

Administrative cost history3
2024$57,711 · 0.52%
2023$51,260 · 0.54%
2022$46,837 · 0.50%
Same employer
Similar plansArts, Entertainment & Recreation · Florida
Hampton Golf Inc FL$12.6M · 0.86%
The Everglades Club, Inc. FL$11.2M · 0.85%
Frenchman's Creek, Inc. FL$10.8M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650347219 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.