Plan Ledger DOL Form 5500 · updated monthly

Plantation Bay Country Club, LLC401(k)

PLANTATION BAY COUNTRY CLUB 401(K) SAVINGS PLAN · DAYTONA BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
1.02%

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

Plantation Bay Country Club, LLC reported $5,173 in plan administrative expenses for 2024: 1.02% of average plan assets, above the peer median. Employer contributions averaged $241 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 0.13% to 1.02%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Florida (3,460th of 3,644), and 1,256th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $7.13 for every $1.00 the employer contributed; active participation has grown from 134 to 169 since 2022.

Plan summary
Net assets, end of year$640,849
Participants with balances156
Active participants169
Employer contributions$40,660
Employee contributions$289,984
Employer contribution per active participant$241
Average account balance$4,108
Benefits paid to participants$128,422
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$641K · 156 accts · $41K emplr
2023$369K · 122 accts · $30K emplr
2022$119K · 95 accts · $19K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,126
Investment management$397
Total administrative$5,173
The Plantation Bay Country Club, LLC 401(k) match · 2024
Employer contribution per active participant$241
Median for plans this size$540
2024$241 per active participant
2023$170 per active participant
2022$145 per active participant

Plantation Bay Country Club, LLC's 2024 employer contribution ran below the $540 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.

Administrative cost history3
2024$5,173 · 1.02%
2023$2,462 · 1.01%
2022$149 · 0.13%
Similar plansArts, Entertainment & Recreation · Florida
Town Sports Group, LLC FL$1.1M · 1.20%
Pope Properties, Inc. FL$686K · 0.23%
Cabot Citrus Opco LLC FL$214K · 0.50%
Victory Martial Arts FL$195K · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010570714 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.