Plan Ledger DOL Form 5500 · updated monthly

Luxury Brand Partners LLC401(k)

LUXURY BRAND PARTNERS LLC 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.04%

Luxury Brand Partners LLC reported $3,495 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. 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 0.02% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,765th-largest of 3,644 plans among Florida employers on file, and 2,904th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$10,115,620
Participants with balances189
Active participants215
Employer contributions—
Employee contributions$1,406,349
Employer contribution per active participant—
Average account balance$53,522
Benefits paid to participants$823,827
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 189 accts
2023$8.2M · 183 accts
2022$6.7M · 168 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,495
Total administrative$3,495
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 · 20243
ADP, INC. · Loan processing · Recordkeeping$3,495
ADP BROKER-DEALER · Other servicesindirect comp
AMERIPIRSE FINANCIAL · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$3,495 · 0.04%
2023$2,083 · 0.03%
2022$1,600 · 0.02%
Same employer
Similar plansWholesale Trade · Florida
AP4 Group LLC FL$11.0M · 0.19%
Club Assist US LLC FL$11.0M · 0.58%
Jerry Pate Company FL$10.4M · 0.03%
Travelpro Products, Inc. FL$9.8M · 0.05%
The Falcon Corporation FL$9.6M · 0.63%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 331222308 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.