Plan Ledger DOL Form 5500 · updated monthly

Naples Botanical Garden, Inc.403(b)

NAPLES BOTANICAL GARDEN DEFINED CONTRIBUTION RETIREMENT PLAN · NAPLES, FL · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

Naples Botanical Garden, Inc. reported $25 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,088 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 0.00% to 0.05%. 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 (2,456th of 3,644), and 922nd of 1,311 in arts, entertainment & recreation. In 2023, employees put in $1.22 for every $1.00 the employer contributed; active participation has shrunk from 184 to 147 since 2022.

Plan summary
Net assets, end of year$5,174,015
Participants with balances265
Active participants147
Employer contributions$306,921
Employee contributions$373,683
Employer contribution per active participant$2,088
Average account balance$19,525
Benefits paid to participants$69,680
Plan auditUnmodified (clean) audit opinion
AuditorHSC/TUSCAN & COMPANY, PA
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 305 accts · $286K emplr
2023$5.2M · 265 accts · $307K emplr
2022$3.7M · 240 accts · $256K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25
Total administrative$25
Employer contributions to the Naples Botanical Garden, Inc. plan · 2023
Employer contribution per active participant$2,088
Median for plans this size$1,308
2024$2,120 per active participant
2023$2,088 per active participant
2022$1,391 per active participant

Naples Botanical Garden, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$2,559 · 0.05%
2023$25 · 0.00%
2022$65 · 0.00%
Same employer
Similar plansArts, Entertainment & Recreation · Florida
Yf Fc Operations, LLC FL$5.2M · 0.95%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 650511429 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.