Plan Ledger DOL Form 5500 · updated monthly

John's Island Club, Inc.401(k)

JOHN'S ISLAND CLUB PROFIT SHARING PLAN · INDIAN RIVER SHORES, FL · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

John's Island Club, Inc. reported $46,032 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $2,073 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 0.148%. 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 780th-largest of 3,644 plans among Florida employers on file, and the 304th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 416 to 489 since 2022.

Plan summary
Net assets, end of year$31,746,798
Participants with balances490
Active participants489
Employer contributions$1,013,859
Employee contributions$1,887,678
Employer contribution per active participant$2,073
Average account balance$64,789
Benefits paid to participants$5,231,375
Plan auditUnmodified (clean) audit opinion
AuditorJACOBY AND HANDLEY, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$31.7M · 490 accts · $1.0M emplr
2023$30.3M · 444 accts · $957K emplr
2022$25.3M · 420 accts · $916K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,032
Total administrative$46,032
The John's Island Club, Inc. 401(k) match · 2024
Employer contribution per active participant$2,073
Median for plans this size$2,416
2024$2,073 per active participant
2023$2,235 per active participant
2022$2,202 per active participant

John's Island Club, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20241
T ROWE PRICE RPS INC · Recordkeeping · Trustee$46,107

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$46,032 · 0.15%
2023$41,690 · 0.15%
2022$41,607 · 0.15%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 592607344 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.