Landmark Holdings of Florida, LLC 401(k) Review & Grade
Landmark 401(k) Plan
Naples, FLAdministrative, Support & Staffing Services689 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$115Employer $ per active participant
$928Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$6.4MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity10.9 / 5022th percentile for employer $ per participant
- Low cost15.2 / 2561th percentile for low admin cost vs. same-size plans
- Employee saving4.5 / 1530th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-5 pts1 issue reported on the filing
Total score26 / 100 · Grade F
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 22th |
| Lower admin cost | 61th |
| Employee saving | 30th |
| Peers that auto-enroll | 27% |
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Red flags from the filing
Auditor disclaimer: the auditor issued a disclaimer of opinion.
What to do if you're in this plan
- Landmark Holdings of Florida put in about $115 per active participant, below the typical peer ($712). Any match is still an instant return, so contribute enough to get all of it.
- 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 | $79,445 |
| Participant (employee) contributions | $639,367 |
| Other contributions (incl. rollovers in) | $82,865 |
| Administrative expenses paid from the plan | $10,233 |
| Investment advisory & management fees | $10,233 |
| Benefits paid out | $1,403,037 |
| Net assets, start / end of year | $6.2M / $6.4M |
| Active participants, start / end of year | 599 / 779 |
| Participants with account balances | 269 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Miller & Company LLP |
Largest service providers (Schedule C)
| Broad Street Capital Partners LLC | $26,420 reported compensation |
| Bates & Company | $10,015 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015191838NAL0010915202001, received 2025-10-15, EIN 20-2091217, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.