Fontainebleau Development Hospitality 401k Plan 401(k) Review & Grade
Fontainebleau Development Hospitality 401k Plan
Aventura, FLAccommodation & Food Services1,063 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$466Employer $ per active participant
$1,480Employee $ saved per active participant
0.33%Direct admin cost, % of plan assets
$18.0MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity34.6 / 5069th percentile for employer $ per participant
- Low cost9.3 / 2537th percentile for low admin cost vs. same-size plans
- Employee saving11.4 / 1576th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score58 / 100 · Grade C
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 69th |
| Lower admin cost | 37th |
| Employee saving | 76th |
| Peers that auto-enroll | 17% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Fontainebleau Development Hospitality 401k Plan put in about $466 per active participant, more than the typical peer ($266). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $495,708 |
| Participant (employee) contributions | $1,573,186 |
| Other contributions (incl. rollovers in) | $588,268 |
| Administrative expenses paid from the plan | $54,486 |
| Investment advisory & management fees | $12,912 |
| Benefits paid out | $1,476,888 |
| Net assets, start / end of year | $15.0M / $18.0M |
| Active participants, start / end of year | 841 / 1,285 |
| Participants with account balances | 390 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Gerstle, Rosen & Goldenberg, P.A. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $41,574 reported compensation |
| Strategic Advisors, Inc. | $12,912 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251006112936NAL0003335665001, received 2025-10-06, EIN 20-3575699, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.