Plan Ledger DOL Form 5500 · updated monthly

Venice Pier Group, Inc.401(k)

VENICE PIER GROUP, INC. EMPLOYEES SAVINGS TRUST · VENICE, FL · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Venice Pier Group, Inc. reported $10,740 in plan administrative expenses for 2024: 0.17% of average plan assets, lower than ~75% of peers. Employer contributions averaged $787 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 0.03% to 0.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Florida (2,138th of 3,644), and the 719th of 2,240 in accommodation & food services. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has grown from 178 to 230 since 2022.

Plan summary
Net assets, end of year$7,130,074
Participants with balances133
Active participants230
Employer contributions$181,120
Employee contributions$325,838
Employer contribution per active participant$787
Average account balance$53,610
Benefits paid to participants$86,133
Plan auditUnmodified (clean) audit opinion
AuditorKERKERING, BARBERIO & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 133 accts · $181K emplr
2023$5.7M · 131 accts · $167K emplr
2022$4.4M · 150 accts · $133K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,740
Total administrative$10,740
The Venice Pier Group, Inc. 401(k) match · 2024
Employer contribution per active participant$787
Median for plans this size$1,313
2024$787 per active participant
2023$907 per active participant
2022$750 per active participant

Venice Pier Group, Inc.'s 2024 employer contribution ran below 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 · 20241
RAYMOND JAMES · Investment advisory (plan)indirect comp

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$10,740 · 0.17%
2023$10,879 · 0.22%
2022$1,395 · 0.03%
Similar plansAccommodation & Food Services · Florida
Areas USA, Inc. FL$8.1M · 1.63%
Mitsukoshi U.S.A., Inc. FL$7.6M · 0.01%
Lago Mar Properties, Inc. FL$6.8M · 0.36%
Royals, Inc. FL$6.8M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592633210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.