Plan Ledger DOL Form 5500 · updated monthly

Margaritaville Enterprises, LLC401(k)

MARGARITAVILLE ENTERPRISES, LLC 401(K) SAVINGS PLAN · ORLANDO, FL · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

Margaritaville Enterprises, LLC reported $6,205 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,768 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.

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 1,796th-largest of 3,644 plans among Florida employers on file, and the 565th of 2,240 in accommodation & food services. In 2022, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,864,951
Participants with balances98
Active participants87
Employer contributions$327,789
Employee contributions$680,450
Employer contribution per active participant$3,768
Average account balance$100,663
Benefits paid to participants$206,287
Plan auditUnmodified (clean) audit opinion
AuditorPRIDA, GUIDA & PEREZ, P. A.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,205
Total administrative$6,205
The Margaritaville Enterprises, LLC 401(k) match · 2022
Employer contribution per active participant$3,768
Median for plans this size$2,266

Margaritaville Enterprises, LLC's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,205 · 0.06%
Same employer
Similar plansAccommodation & Food Services · Florida
Travel Traders Hotels Inc FL$11.2M · 0.35%
Carmines Bakery LLC FL$9.6M · 0.20%
Imcmv Holdings, Inc. FL$9.1M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770706262 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.