Plan Ledger DOL Form 5500 · updated monthly

The Landings Club, Inc.401(k)

THE LANDINGS CLUB, INC. 401(K) RETIREMENT PLAN · SAVANNAH, GA · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

The Landings Club, Inc. reported $57,286 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,619 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 fell from 0.97% to 0.58%. 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 Georgia (1,198th of 2,160), and 657th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,796,263
Participants with balances282
Active participants253
Employer contributions$409,708
Employee contributions$780,198
Employer contribution per active participant$1,619
Average account balance$38,285
Benefits paid to participants$532,196
Plan auditUnmodified (clean) audit opinion
AuditorCONDON,OMEARA,MCGINTY&DONNELLY,
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 282 accts · $410K emplr
2023$9.1M · 291 accts · $329K emplr
2022$7.7M · 291 accts · $306K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,626
Investment management$7,660
Total administrative$57,286
The The Landings Club, Inc. 401(k) match · 2024
Employer contribution per active participant$1,619
Median for plans this size$1,313
2024$1,619 per active participant
2023$1,260 per active participant
2022$1,186 per active participant

The Landings 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
SAGEVIEW ADVISORY GROUP, LLC$20,000
SAGEVIEW ADVISORY GROUP, LLC · Investment management$7,660

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$57,286 · 0.58%
2023$51,635 · 0.62%
2022$79,392 · 0.97%
Same employer
Similar plansArts, Entertainment & Recreation · Georgia
Capital City Club GA$16.1M · 0.02%
Cooper Holdings, Inc. GA$14.8M · 0.06%
Cf Foundation, Inc. GA$13.7M · 0.17%
Zoo Atlanta GA$12.4M · 0.28%
Atlanta Athletic Club GA$10.6M · 0.56%
See Rock City, Inc. GA$6.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581824781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.