Plan Snapshot
- Plan Sponsor: Turnberry Hospitality Management
- Sponsor EIN: 251224466
- Sponsor Address: 19501 BISCAYNE BOULEVARD, SUITE 400, AVENTURA, FL, 33180
- Plan Type: 401(k)
- Total Participants: 303
- Total Assets: $22.2M
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 | 303 | $22.2M | $753,494 | $1.2M |
| 2023 | 315 | $19.3M | $647,759 | $1.1M |
| 2022 | 267 | $16.1M | $420,037 | $908,349 |
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 | $14,800 | — | $14,800 |
| CAPFINANCIAL PARTNERS, LLC | BROKER/CONSULTANT | $12,360 | — | $12,360 |
| GERSTLE, ROSEN & GOLDENBERG, P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- GERSTLE, ROSEN & GOLDENBERG, P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,160
- Estimated Expense Ratio: 0.122% 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 | $17,266 | $14,800 | — | — | — |
| 2023 | $47,908 | $14,463 | — | — | — |
| 2022 | $17,268 | $11,963 | — | — | — |