Plan Ledger DOL Form 5500 · updated monthly

Treasure Bay LLC401(k)

TREASURE BAY LLC 401(K) PLAN · BILOXI, MS · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Treasure Bay LLC reported $41,198 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $248 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 0.16% to 0.31%. 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 129th-largest of 367 plans among Mississippi employers on file, and the 551st of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.88 for every $1.00 the employer contributed; active participation has grown from 556 to 897 since 2022.

Plan summary
Net assets, end of year$13,861,373
Participants with balances230
Active participants897
Employer contributions$222,534
Employee contributions$640,359
Employer contribution per active participant$248
Average account balance$60,267
Benefits paid to participants$1,407,398
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 230 accts · $223K emplr
2023$12.6M · 222 accts · $216K emplr
2022$10.5M · 217 accts · $221K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,198
Investment management$15,000
Total administrative$41,198
The Treasure Bay LLC 401(k) match · 2024
Employer contribution per active participant$248
Median for plans this size$2,416
2024$248 per active participant
2023$356 per active participant
2022$398 per active participant

Treasure Bay LLC's 2024 employer contribution ran below the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$26,198
RAYMOND JAMES AND ASSOCIATES, INC. · Investment advisory (plan)$15,000

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$41,198 · 0.31%
2023$20,109 · 0.17%
2022$18,791 · 0.16%
Similar plansArts, Entertainment & Recreation · Mississippi
Gulfside Casino Partnership MS$21.8M · 0.65%
Land Holdings I, LLC MS$14.2M · 1.11%
Casino Vicksburg, LLC MS$11.7M · 1.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640828691 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.