Plan Snapshot
- Plan Sponsor: Turnberry Hospitality Management
- Sponsor EIN: 522265252
- Sponsor Address: 19501 BISCAYNE BOULEVARD, AVENTURA, FL, 33180
- Plan Type: 401(k)
- Total Participants: 626
- Total Assets: $11.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 626 | $11.7M | $855,536 | $1.4M |
| 2023 | 565 | $9.0M | $747,260 | $1.3M |
| 2022 | 519 | $5.7M | $412,977 | $896,218 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $7,187 | — | $7,187 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $6,686 | — | $6,686 |
| ROSEN GERSTLE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- ROSEN GERSTLE — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,873
- Estimated Expense Ratio: 0.119% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $13,873 | $7,187 | — | — | — |
| 2023 | $25,770 | $5,239 | — | — | — |
| 2022 | $20,722 | $3,416 | — | — | — |