Plan Ledger DOL Form 5500 · updated monthly

Intercruises Shoreside & Port Services, Inc.401(k)

TUI USA 401(K) PLAN · FORT LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
1.36%

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

Intercruises Shoreside & Port Services, Inc. reported $70,885 in plan administrative expenses for 2024: 1.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $327 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 1.08% to 1.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Florida (2,392nd of 3,644), and 1,562nd of 2,677 in transportation & warehousing. In 2024, employees put in $2.83 for every $1.00 the employer contributed; active participation has shrunk from 807 to 681 since 2022.

Plan summary
Net assets, end of year$5,549,100
Participants with balances520
Active participants681
Employer contributions$222,665
Employee contributions$629,589
Employer contribution per active participant$327
Average account balance$10,671
Benefits paid to participants$829,608
Plan auditUnmodified (clean) audit opinion
AuditorPURVIS, GRAY AND COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 520 accts · $223K emplr
2023$4.9M · 497 accts · $211K emplr
2022$3.9M · 532 accts · $189K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,985
Audit (IQPA)$9,900
Total administrative$70,885
The Intercruises Shoreside & Port Services, Inc. 401(k) match · 2024
Employer contribution per active participant$327
Median for plans this size$1,313
2024$327 per active participant
2023$312 per active participant
2022$234 per active participant

Intercruises Shoreside & Port Services, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$60,985
PURVIS, GRAY AND CO LLP · Contract administrator$9,900
PRINCIPAL SECURITIES, INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)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$70,885 · 1.36%
2023$76,842 · 1.76%
2022$43,781 · 1.08%
Similar plansTransportation & Warehousing · Florida
Eclipse Advantage, LLC FL$5.7M · 5.07%
Reva Inc. FL$5.3M · 0.57%
Fsm Group LLC FL$4.9M · 1.22%
Access USA Shipping, LLC FL$4.6M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263996323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.