Plan Ledger DOL Form 5500 · updated monthly

Mizner Country Club, Inc.401(k)

MIZNER COUNTRY CLUB RETIREMENT PLAN · DELRAY BEACH, FL · plan year 2023

Reported admin expense ratio · 2023
1.10%

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

Mizner Country Club, Inc. reported $22,778 in plan administrative expenses for 2023: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $435 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 rose from 0.97% to 1.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Florida (3,044th of 3,644), and 1,125th of 1,311 in arts, entertainment & recreation. In 2023, employees put in $5.16 for every $1.00 the employer contributed; active participation has grown from 125 to 153 since 2022.

Plan summary
Net assets, end of year$2,283,640
Participants with balances149
Active participants153
Employer contributions$66,622
Employee contributions$343,437
Employer contribution per active participant$435
Average account balance$15,326
Benefits paid to participants$366,240
Plan auditUnmodified (clean) audit opinion
AuditorHOLYFIELD & THOMAS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $67K emplr
2023$2.3M · 149 accts · $67K emplr
2022$1.9M · 135 accts · $58K emplr
Administrative expenses, itemized · 2023
Investment management$22,778
Total administrative$22,778
The Mizner Country Club, Inc. 401(k) match · 2023
Employer contribution per active participant$435
Median for plans this size$1,308
2023$435 per active participant
2022$468 per active participant

Mizner Country Club, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
MERRILL LYNCH · Investment advisory (participants)$9,272

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024Not separately reported
2023$22,778 · 1.10%
2022$20,391 · 0.97%
Same employer
Similar plansArts, Entertainment & Recreation · Florida
Cmx Cinemas, LLC FL$2.5M · 0.07%
Stonebridge Country Club FL$2.3M · 0.04%
Ops Tech Alliance LLC FL$1.7M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232970622 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.