Plan Ledger DOL Form 5500 · updated monthly

Gulf Hospitality Management, LLC401(k)

TRADEWINDS EMPLOYEES SAVINGS OPPORTUNITY PLAN · ST. PETE BEACH, FL · plan year 2022

Reported admin expense ratio · 2022
0.84%

Gulf Hospitality Management, LLC reported $68,734 in plan administrative expenses for 2022: 0.84% of average plan assets, higher than ~75% of peers. 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 0.84% to 1.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Florida (1,942nd of 3,644), and the 645th of 2,240 in accommodation & food services. In 2022, employees put in $4.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,585,901
Participants with balances432
Active participants0
Employer contributions$138,228
Employee contributions$595,875
Employer contribution per active participant—
Average account balance$19,875
Benefits paid to participants$1,059,694
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 64 accts
2023$4.7M · 364 accts · $2K emplr
2022$8.6M · 432 accts · $138K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$68,734
Total administrative$68,734
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

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Administrative cost history3
2024$66,191 · 1.51%
2023$68,485 · 1.03%
2022$68,734 · 0.84%
Similar plansAccommodation & Food Services · Florida
Carmines Bakery LLC FL$9.6M · 0.20%
Imcmv Holdings, Inc. FL$9.1M · 0.73%
McGuire Management Group FL$8.5M · 0.10%
Port Royal Club, Inc. FL$8.4M · 0.03%
Areas USA, Inc. FL$8.1M · 1.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842901397 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.