Plan Ledger DOL Form 5500 · updated monthly

The Club at Admirals Cove, Inc.401(k)

THE CLUB AT ADMIRAL'S COVE 401(K) PLAN · JUPITER, FL · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

The Club at Admirals Cove, Inc. reported $77,195 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,674 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 rose from 0.44% to 0.72%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 1,610th-largest of 3,644 plans among Florida employers on file, and the 613th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,787,975
Participants with balances419
Active participants332
Employer contributions$555,619
Employee contributions$1,555,609
Employer contribution per active participant$1,674
Average account balance$28,134
Benefits paid to participants$1,012,010
Plan auditUnmodified (clean) audit opinion
AuditorCOHENREZNICK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 419 accts · $556K emplr
2023$9.5M · 344 accts · $504K emplr
2022$7.4M · 305 accts · $423K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,922
Investment management$39,273
Total administrative$77,195
The The Club at Admirals Cove, Inc. 401(k) match · 2024
Employer contribution per active participant$1,674
Median for plans this size$2,416
2024$1,674 per active participant
2023$1,362 per active participant
2022$1,352 per active participant

The Club at Admirals Cove, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
AMERICAN PORTFOLIOS ADVISORS INC · Investment advisory (plan)$39,273

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

Administrative cost history3
2024$77,195 · 0.72%
2023$44,530 · 0.52%
2022$33,902 · 0.44%
Same employer
Similar plansArts, Entertainment & Recreation · Florida
Hampton Golf Inc FL$12.6M · 0.86%
Grey Oaks Country Club, LTD FL$11.7M · 0.52%
The Everglades Club, Inc. FL$11.2M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650102679 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.