Plan Ledger DOL Form 5500 · updated monthly

St. Andrews Country Club, Inc.401(k)

ST. ANDREWS COUNTRY CLUB 401(K) PLAN · BOCA RATON, FL · plan year 2023

Reported admin expense ratio · 2023
0.79%

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

St. Andrews Country Club, Inc. reported $71,737 in plan administrative expenses for 2023: 0.79% of average plan assets, above the peer median. Employer contributions averaged $1,762 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 rose from 0.48% to 0.79%. 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 the 1,798th-largest of 3,644 plans among Florida employers on file, and 683rd of 1,311 in arts, entertainment & recreation. In 2023, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,851,069
Participants with balances277
Active participants233
Employer contributions$410,478
Employee contributions$817,827
Employer contribution per active participant$1,762
Average account balance$35,563
Benefits paid to participants$1,260,873
Plan auditUnmodified (clean) audit opinion
AuditorHOLLYFIELD & THOMAS, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$9.9M · 277 accts · $410K emplr
2022$8.3M · 269 accts · $161K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$59,737
Audit (IQPA)$12,000
Total administrative$71,737
The St. Andrews Country Club, Inc. 401(k) match · 2023
Employer contribution per active participant$1,762
Median for plans this size$1,308
2023$1,762 per active participant
2022$746 per active participant

St. Andrews Country Club, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$45,288
DEFINITI, LLC · Recordkeeping · Loan processingindirect comp
DEFINITI, LLC · Named fiduciary · Loan processing$23,253
HOLYFIELD & THOMAS LLC · Accounting / audit$12,000

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$71,737 · 0.79%
2022$44,729 · 0.48%
Same employer
Similar plansArts, Entertainment & Recreation · Florida
The Everglades Club, Inc. FL$11.2M · 0.85%
Frenchman's Creek, Inc. FL$10.8M · 0.50%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 592000688 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.