Plan Ledger DOL Form 5500 · updated monthly

Recreation Centers of Sun City West Inc.401(k)

RECREATION CENTERS OF SUN CITY WEST, INC. RETIREMENT PLAN · SUN CITY WEST, AZ · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Recreation Centers of Sun City West Inc. reported $80,292 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,168 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 0.45% to 0.61%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 469th-largest of 1,285 plans among Arizona employers on file, and the 556th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has grown from 182 to 420 since 2022.

Plan summary
Net assets, end of year$13,707,963
Participants with balances239
Active participants420
Employer contributions$490,671
Employee contributions$695,343
Employer contribution per active participant$1,168
Average account balance$57,355
Benefits paid to participants$1,396,003
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.7M · 239 accts · $491K emplr
2023$12.4M · 219 accts · $472K emplr
2022$10.9M · 166 accts · $420K emplr
Administrative expenses, itemized · 2024
Investment management$80,292
Total administrative$80,292
The Recreation Centers of Sun City West Inc. 401(k) match · 2024
Employer contribution per active participant$1,168
Median for plans this size$2,416
2024$1,168 per active participant
2023$2,325 per active participant
2022$2,307 per active participant

Recreation Centers of Sun City West Inc.'s 2024 employer contribution ran below the $2,416 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.

Service providers · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$76,737
MATTHEWS, GOLD, KENNEDY & SNOW INC · Contract administrator · Other services$3,049
LPL FINANCIAL LLC-RPCP · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$80,292 · 0.61%
2023$64,967 · 0.56%
2022$55,243 · 0.45%
Same employer
Similar plansArts, Entertainment & Recreation · Arizona
Cocopah Indian Tribe AZ$6.4M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860374506 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.