Plan Ledger DOL Form 5500 · updated monthly

Marina Pdr Operations, LLCProfit-sharing plan

SAFE HARBOR MARINAS PUERTO RICO RETIREMENT PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
1.99%

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

Marina Pdr Operations, LLC reported $8,303 in plan administrative expenses for 2024: 1.99% of average plan assets, above the peer median. Employer contributions averaged $580 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 1 year on file its reported administrative ratio fell from 2.97% to 1.99%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Texas (5,426th of 5,688), and 1,264th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.41 for every $1.00 the employer contributed; active participation has grown from 108 to 129 since 2022.

Plan summary
Net assets, end of year$560,003
Participants with balances134
Active participants129
Employer contributions$74,822
Employee contributions$180,662
Employer contribution per active participant$580
Average account balance$4,179
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$560K · 134 accts · $75K emplr
2023$274K · 85 accts · $61K emplr
2022$50K · 85 accts · $16K emplr
Administrative expenses, itemized · 2024
Investment management$8,303
Total administrative$8,303
Employer contributions to the Marina Pdr Operations, LLC plan · 2024
Employer contribution per active participant$580
Median for plans this size$540
2024$580 per active participant
2023$484 per active participant
2022$145 per active participant

Marina Pdr Operations, LLC's 2024 employer contribution ran above the $540 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 · 20242
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$1,915

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$8,303 · 1.99%
2023$4,812 · 2.97%
2022Not separately reported
Similar plansArts, Entertainment & Recreation · Texas
Children's Museum Houston TX$1.1M · 0.10%
Astro Hooks, LLC TX$1.1M · 0.79%
K-Kel, Inc. CA$597K · 2.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 872486532 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.