Plan Ledger DOL Form 5500 · updated monthly

Joe's Stone Crabs, Inc.401(k)

JOE'S STONE CRABS, INC. 401(K) PLAN · MIAMI BEACH, FL · plan year 2022

Reported admin expense ratio · 2022
0.10%

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

Joe's Stone Crabs, Inc. reported $18,145 in plan administrative expenses for 2022: 0.10% of average plan assets, below the peer median. Employer contributions averaged $868 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 0.10% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 1,180th-largest of 3,644 plans among Florida employers on file, and the 328th of 2,240 in accommodation & food services. In 2022, employees put in $3.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,419,059
Participants with balances239
Active participants335
Employer contributions$290,712
Employee contributions$1,038,834
Employer contribution per active participant$868
Average account balance$77,067
Benefits paid to participants$1,573,774
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.4M · 238 accts · $281K emplr
2023$17.3M · 251 accts · $300K emplr
2022$18.4M · 239 accts · $291K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$13,145
Investment management$5,000
Total administrative$18,145
The Joe's Stone Crabs, Inc. 401(k) match · 2022
Employer contribution per active participant$868
Median for plans this size$2,266
2024$769 per active participant
2023$855 per active participant
2022$868 per active participant

Joe's Stone Crabs, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$20,012 · 0.12%
2023$18,172 · 0.10%
2022$18,145 · 0.10%
All plans at this employer2
JOE'S STONE CRABS, INC. PROFIT SHARING PLANProfit-sharing plan
JOE'S STONE CRABS, INC. 401(K) PLAN401(k)
Same employer
Similar plansAccommodation & Food Services · Florida
Grand Performer Inc FL$22.0M · 0.97%
Playa Management USA, LLC FL$20.8M · 0.12%
T.L. Cannon Corporation FL$19.4M · 0.02%
Club Med Sales, Inc. FL$17.8M · 0.56%
T.B.H.C., Inc. FL$16.2M · 0.49%
Flanigans Enterprises, Inc. FL$14.5M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 590601879 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.