Plan Ledger DOL Form 5500 · updated monthly

The Club at Pelican Bay, Inc.401(k)

THE CLUB AT PELICAN BAY INC 401(K) PROFIT SHARING PLAN & TRUST · NAPLES, FL · plan year 2022

Reported admin expense ratio · 2022
0.09%

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

The Club at Pelican Bay, Inc. reported $7,365 in plan administrative expenses for 2022: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,488 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 30,021 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Florida (2,017th of 3,644), and 770th of 1,311 in arts, entertainment & recreation. In 2022, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,007,934
Participants with balances89
Active participants100
Employer contributions$248,824
Employee contributions$514,828
Employer contribution per active participant$2,488
Average account balance$89,977
Benefits paid to participants$166,647
Plan auditUnmodified (clean) audit opinion
AuditorSCHMITT & KAYLOR, CPA'S
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,365
Total administrative$7,365
The The Club at Pelican Bay, Inc. 401(k) match · 2022
Employer contribution per active participant$2,488
Median for plans this size$1,114

The Club at Pelican Bay, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$7,365 · 0.09%
Similar plansArts, Entertainment & Recreation · Florida
Rsource, LLC FL$7.9M · 0.50%
Tampa Bay Downs FL$7.3M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650221331 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.