Plan Ledger DOL Form 5500 · updated monthly

La Jolla Beach and Tennis Club Partners L.P.401(k)

LA JOLLA BEACH AND TENNIS CLUB 401(K) PLAN · LA JOLLA, CA · plan year 2024

Reported admin expense ratio · 2024
1.12%

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

La Jolla Beach and Tennis Club Partners L.P. reported $93,486 in plan administrative expenses for 2024: 1.12% of average plan assets, higher than ~75% of peers. Employer contributions averaged $691 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 0.68% to 1.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (5,810th of 9,483), and the 631st of 2,240 in accommodation & food services. In 2024, employees put in $2.66 for every $1.00 the employer contributed; active participation has grown from 232 to 405 since 2022.

Plan summary
Net assets, end of year$8,750,451
Participants with balances526
Active participants405
Employer contributions$279,981
Employee contributions$745,689
Employer contribution per active participant$691
Average account balance$16,636
Benefits paid to participants$1,412,331
Plan auditUnmodified (clean) audit opinion
AuditorLING & BOUMAN, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 526 accts · $280K emplr
2023$8.0M · 570 accts · $256K emplr
2022$7.0M · 354 accts · $77K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,433
Investment management$31,444
Total administrative$93,486
The La Jolla Beach and Tennis Club Partners L.P. 401(k) match · 2024
Employer contribution per active participant$691
Median for plans this size$1,313
2024$691 per active participant
2023$671 per active participant
2022$334 per active participant

La Jolla Beach and Tennis Club Partners L.P.'s 2024 employer contribution ran below the $1,313 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 · 20245
COMPLIANCE ADMINISTRATION DBA$22,609
REDWOOD PRIVATE WEALTH, LLC · Investment advisory (plan)$20,842
EMPOWER ADVISORY GROUP, LLC · Investment management$5,916
JMJRG INC · Investment advisory (plan)$4,686

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$93,486 · 1.12%
2023$60,833 · 0.81%
2022$53,823 · 0.68%
Same employer
Similar plansAccommodation & Food Services · California
Good Hope International CA$9.0M · 0.17%
Azul Hospitality, LLC CA$9.0M · 0.86%
Meadowood Resort, LLC CA$9.0M · 0.05%
Polly's, Inc. CA$7.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330265921 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.