Plan Ledger DOL Form 5500 · updated monthly

Miami City Ballet, Inc.401(k)

MIAMI CITY BALLET 401(K) PLAN · MIAMI BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Miami City Ballet, Inc. reported $13,054 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $1,776 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 0.18% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Florida (2,777th of 3,644), and 1,030th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,571,249
Participants with balances154
Active participants139
Employer contributions$246,880
Employee contributions$537,955
Employer contribution per active participant$1,776
Average account balance$23,190
Benefits paid to participants$170,334
Plan auditUnmodified (clean) audit opinion
AuditorGARCIA SANTA MARIA DE ARMAS TRUJILL
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 154 accts · $247K emplr
2023$2.6M · 144 accts · $236K emplr
2022$1.4M · 141 accts · $201K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,158
Investment management$11,896
Total administrative$13,054
The Miami City Ballet, Inc. 401(k) match · 2024
Employer contribution per active participant$1,776
Median for plans this size$1,313
2024$1,776 per active participant
2023$1,774 per active participant
2022$1,524 per active participant

Miami City Ballet, Inc.'s 2024 employer contribution ran above the $1,313 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
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$1,158
LWM ADVISORY SERVICES · Investment advisory (plan)$11,896

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$13,054 · 0.42%
2023$8,632 · 0.44%
2022$2,402 · 0.18%
All plans at this employer2
MIAMI CITY BALLET 403(B) PLAN403(b)
MIAMI CITY BALLET 401(K) PLAN401(k)
Same employer
Similar plansArts, Entertainment & Recreation · Florida
Fun Spot of Florida, Inc. FL$4.0M · 0.27%
Norton Museum of Art, Inc FL$3.1M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 592578534 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.