Plan Ledger DOL Form 5500 · updated monthly

Retail Travel Services Inc.401(k)

RETAIL TRAVEL SERVICES/DUTY FREE AIR & SHIP SUPPLY 401K PLAN · NORTH MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Retail Travel Services Inc. reported $2,570 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $773 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 fell from 0.09% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Florida (2,700th of 3,644), and 4,077th of 5,215 in retail trade. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has grown from 204 to 265 since 2022.

Plan summary
Net assets, end of year$3,934,214
Participants with balances168
Active participants265
Employer contributions$204,758
Employee contributions$459,393
Employer contribution per active participant$773
Average account balance$23,418
Benefits paid to participants$186,161
Plan auditUnmodified (clean) audit opinion
AuditorGRANT THORTNON LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 168 accts · $205K emplr
2023$2.9M · 157 accts · $196K emplr
2022$2.0M · 138 accts · $167K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,570
Total administrative$2,570
The Retail Travel Services Inc. 401(k) match · 2024
Employer contribution per active participant$773
Median for plans this size$1,313
2024$773 per active participant
2023$761 per active participant
2022$820 per active participant

Retail Travel Services Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ADP, INC. · Loan processing · Recordkeeping$2,570

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$2,570 · 0.08%
2023$2,685 · 0.11%
2022$1,850 · 0.09%
Similar plansRetail Trade · Florida
Walker Ford Company, Inc. FL$4.1M · 0.53%
Itsugar LLC FL$3.8M · 1.60%
Sam Galloway Ford, Inc. FL$3.6M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061590922 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.