Plan Ledger DOL Form 5500 · updated monthly

Sarasota Yacht Club Inc401(k)

SARASOTA YACHT CLUB INC 401(K) PLAN · SARASOTA, FL · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Sarasota Yacht Club Inc reported $18,570 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $1,916 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Florida (2,912th of 3,644), and 1,081st of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,882,804
Participants with balances152
Active participants92
Employer contributions$176,312
Employee contributions$328,151
Employer contribution per active participant$1,916
Average account balance$18,966
Benefits paid to participants$165,269
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,390
Investment management$14,180
Total administrative$18,570
The Sarasota Yacht Club Inc 401(k) match · 2024
Employer contribution per active participant$1,916
Median for plans this size$1,313

Sarasota Yacht Club Inc's 2024 employer contribution ran above 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$12,866
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$5,703
ADP BROKER-DEALER · Other servicesindirect comp

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

Administrative cost history1
2024$18,570 · 0.72%
Similar plansArts, Entertainment & Recreation · Florida
Norton Museum of Art, Inc FL$3.1M · 0.11%
Miami Beckham United, LLC FL$2.8M · 1.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 590436199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.