Plan Ledger DOL Form 5500 · updated monthly

Sports Facilities Companies, LLC401(k)

SPORTS FACILITIES COMPANIES, LLC 401(K) RETIREMENT PLAN · CLEARWATER, FL · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Sports Facilities Companies, LLC reported $3,500 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $141 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 1 year on file its reported administrative ratio fell from 1.80% to 0.11%. 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 (2,653rd of 3,644), and 987th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,158,888
Participants with balances239
Active participants2,601
Employer contributions$367,994
Employee contributions$781,563
Employer contribution per active participant$141
Average account balance$17,401
Benefits paid to participants$347,425
Plan auditUnmodified (clean) audit opinion
AuditorKELLY PARTNERS FRS ATTEST SERVICES
Plan history2
Yearassets · accounts · employer contribution
2024$4.2M · 239 accts · $368K emplr
2023$2.5M · 120 accts · $269K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,395
Investment management$105
Total administrative$3,500
The Sports Facilities Companies, LLC 401(k) match · 2024
Employer contribution per active participant$141
Median for plans this size$1,313
2024$141 per active participant
2023$138 per active participant

Sports Facilities Companies, LLC's 2024 employer contribution ran below the $1,313 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
FLORIDA RETIREMENT CONSULTANTS · Contract administrator$1,739
VOYA RETIREMENT INS AND ANN CO · Investment advisory (participants)$1,698
JW COLE FINANCIAL INCindirect comp

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

Administrative cost history2
2024$3,500 · 0.11%
2023$35,317 · 1.80%
Similar plansArts, Entertainment & Recreation · Florida
Museum of Science, Inc. FL$4.3M · 0.54%
Cr Fitness Holdings LLC FL$4.2M · 2.06%
Fun Spot of Florida, Inc. FL$4.0M · 0.27%
Miami City Ballet, Inc. FL$3.6M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 874087315 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.