Plan Ledger DOL Form 5500 · updated monthly

Pga Tour First Tee Foundation, Inc.401(k)

FIRST TEE FOUNDATION EMPLOYEES SAVINGS PLAN · PONTE VEDRA BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Pga Tour First Tee Foundation, Inc. reported $2,736 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,250 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 3 years on file its reported administrative ratio has held roughly steady near 0.029%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is the 1,789th-largest of 3,644 plans among Florida employers on file, and the 1,665th of 3,341 in other services. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has shrunk from 87 to 62 since 2022.

Plan summary
Net assets, end of year$9,924,930
Participants with balances108
Active participants62
Employer contributions$325,501
Employee contributions$527,755
Employer contribution per active participant$5,250
Average account balance$91,898
Benefits paid to participants$1,352,627
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 108 accts · $326K emplr
2023$9.2M · 113 accts · $319K emplr
2022$7.4M · 125 accts · $290K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$150
Investment management$2,586
Total administrative$2,736
The Pga Tour First Tee Foundation, Inc. 401(k) match · 2024
Employer contribution per active participant$5,250
Median for plans this size$1,313
2024$5,250 per active participant
2023$4,194 per active participant
2022$3,331 per active participant

Pga Tour First Tee Foundation, Inc.'s 2024 employer contribution ran above the $1,313 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
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$2,736

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$2,736 · 0.03%
2023$2,413 · 0.03%
2022$2,200 · 0.03%
Similar plansOther Services · Florida
Alliance for Aging, Inc. FL$9.4M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 834186070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.