Plan Ledger DOL Form 5500 · updated monthly

Royal Palm Yacht & Country Club401(k)

ROYAL PALM YACHT & COUNTRY CLUB 401(K) PROFIT SHARING PLAN · BOCA RATON, FL · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Royal Palm Yacht & Country Club reported $1,246 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $482 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 has held roughly steady near 0.029%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Florida (2,583rd of 3,644), and 960th of 1,311 in arts, entertainment & recreation. In 2023, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,536,555
Participants with balances48
Active participants272
Employer contributions$131,203
Employee contributions$267,181
Employer contribution per active participant$482
Average account balance$94,512
Benefits paid to participants$603,058
Plan auditUnmodified (clean) audit opinion
AuditorHOLYFIELD & THOMAS
Plan history2
Yearassets · accounts · employer contribution
2023$4.5M · 48 accts · $131K emplr
2022$4.1M · 66 accts · $128K emplr
The Royal Palm Yacht & Country Club 401(k) match · 2023
Employer contribution per active participant$482
Median for plans this size$1,308
2023$482 per active participant
2022$1,437 per active participant

Royal Palm Yacht & Country Club's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
NATIONWIDE INSURANCE · Recordkeeping · Consulting$1,246

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

Administrative cost history2
2023$1,246 · 0.03%
2022$1,283 · 0.03%
Same employer
Similar plansArts, Entertainment & Recreation · Florida
Ruth Eckerd Hall, Inc. FL$4.8M · 0.91%
Museum of Science, Inc. FL$4.3M · 0.54%
Cr Fitness Holdings LLC FL$4.2M · 2.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590873777 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.