Plan Ledger DOL Form 5500 · updated monthly

Master Concessionair LLC401(k)

MASTER CONCESSIONAIR, LLC 401K PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Master Concessionair LLC reported $7,909 in plan administrative expenses for 2024: 0.79% of average plan assets, above the peer median. Employer contributions averaged $312 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 $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 Florida (3,265th of 3,644), and 1,596th of 2,240 in accommodation & food services. In 2024, employees put in $3.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,398,136
Participants with balances175
Active participants569
Employer contributions$177,610
Employee contributions$604,943
Employer contribution per active participant$312
Average account balance$7,989
Benefits paid to participants$91,173
Plan auditUnmodified (clean) audit opinion
AuditorDE LA HOZ, PEREZ & BARBEITO,PLLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,432
Investment management$4,477
Total administrative$7,909
The Master Concessionair LLC 401(k) match · 2024
Employer contribution per active participant$312
Median for plans this size$1,313

Master Concessionair LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$7,908

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

Administrative cost history1
2024$7,909 · 0.79%
Same employer
Similar plansAccommodation & Food Services · Florida
Tellus Products, LLC FL$1.6M · 2.92%
Murphco of Florida FL$1.6M · 0.74%
Rremc Restaurants, LLC FL$1.4M · 1.69%
Eden Roc Management LLC FL$1.3M · 0.99%
Barefoot Cowboy LLC FL$1.2M · 1.76%
Sound Hospitality LLC FL$1.1M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010836427 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.