Plan Ledger DOL Form 5500 · updated monthly

Port Royal Club, Inc.401(k)

PORT ROYAL CLUB, INC. 401(K) PLAN · NAPLES, FL · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Port Royal Club, Inc. reported $2,172 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,739 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 0.02% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Florida (1,971st of 3,644), and the 657th of 2,240 in accommodation & food services. In 2023, employees put in $2.16 for every $1.00 the employer contributed; active participation has shrunk from 69 to 38 since 2022.

Plan summary
Net assets, end of year$8,370,545
Participants with balances103
Active participants38
Employer contributions$180,098
Employee contributions$388,416
Employer contribution per active participant$4,739
Average account balance$81,267
Benefits paid to participants$964,402
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 94 accts · $126K emplr
2023$8.4M · 103 accts · $180K emplr
2022$7.6M · 98 accts · $205K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,172
Total administrative$2,172
The Port Royal Club, Inc. 401(k) match · 2023
Employer contribution per active participant$4,739
Median for plans this size$1,308
2024$3,062 per active participant
2023$4,739 per active participant
2022$2,975 per active participant

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

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,172

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

Administrative cost history3
2024$3,777 · 0.05%
2023$2,172 · 0.03%
2022$1,369 · 0.02%
Similar plansAccommodation & Food Services · Florida
Carmines Bakery LLC FL$9.6M · 0.20%
Imcmv Holdings, Inc. FL$9.1M · 0.73%
McGuire Management Group FL$8.5M · 0.10%
Areas USA, Inc. FL$8.1M · 1.63%
Mitsukoshi U.S.A., Inc. FL$7.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590876282 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.