Plan Ledger DOL Form 5500 · updated monthly

Inner Circle US401(k)

INNER CIRCLE US 401(K) PLAN · ORMOND BEACH, FL · plan year 2019

Reported admin expense ratio · 2019
1.16%

Inner Circle US reported $1,148 in plan administrative expenses for 2019: 1.16% of average plan assets, above the peer median. 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 1 year on file its reported administrative ratio rose from 1.16% to 1.34%. The plan sits in the under $1M size bracket, benchmarked here against 102 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Florida (3,596th of 3,644), and 2,100th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$140,855
Participants with balances18
Active participants216
Employer contributions—
Employee contributions$104,049
Employer contribution per active participant—
Average account balance$7,825
Benefits paid to participants$40,465
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2020$52K · 10 accts
2019$141K · 18 accts
Administrative expenses, itemized · 2019
Recordkeeping & contract admin$1,148
Total administrative$1,148
What these fees cost you

Annual cost at the plan's reported 2019 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2020$1,293 · 1.34%
2019$1,148 · 1.16%
Similar plansAccommodation & Food Services · Florida
Arka Grill Company LLC FL$266K · 0.94%
Asia Focus, LLC FL$91K · 1.31%
K-Corp Management, Inc FL$80K · 2.49%
Fide Foods LLC FL$44K · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 811753373 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.