Plan Ledger DOL Form 5500 · updated monthly

Marlins Teamco LLC401(k)

MARLINS TEAMCO LLC 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Marlins Teamco LLC reported $105,849 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,985 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 0.48% to 0.53%. 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 1,073rd-largest of 3,644 plans among Florida employers on file, and the 409th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.34 for every $1.00 the employer contributed; active participation has shrunk from 273 to 195 since 2022.

Plan summary
Net assets, end of year$21,408,067
Participants with balances340
Active participants195
Employer contributions$1,167,013
Employee contributions$1,562,715
Employer contribution per active participant$5,985
Average account balance$62,965
Benefits paid to participants$3,166,691
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.4M · 340 accts · $1.2M emplr
2023$18.8M · 357 accts · $1.3M emplr
2022$16.0M · 410 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,699
Investment management$40,150
Total administrative$105,849
The Marlins Teamco LLC 401(k) match · 2024
Employer contribution per active participant$5,985
Median for plans this size$2,416
2024$5,985 per active participant
2023$5,423 per active participant
2022$5,134 per active participant

Marlins Teamco LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$65,699
MORGAN STANLEY GLOBAL · Investment advisory (plan)$40,150

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$105,849 · 0.53%
2023$90,608 · 0.52%
2022$79,855 · 0.48%
Same employer
Similar plansArts, Entertainment & Recreation · Florida
John's Island Club, Inc. FL$31.7M · 0.15%
V Cruises US LLC FL$27.0M · 0.29%
Bestbet Holdings, Inc. FL$25.6M · 0.40%
Royal Poinciana Golf Club FL$19.1M · 0.17%
Ripley Entertainment, Inc. FL$15.7M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822768408 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.