Retirement plan

ONE SPA WORLD 401(K) SAVINGS PLAN II

Name: ONE SPA WORLD, LLC - ONE SPA WORLD 401(K) SAVINGS PLAN II (2024) Form 5500
Creator: ONE SPA WORLD, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ONE SPA WORLD 401(K) SAVINGS PLAN II, ONE SPA WORLD, LLC

ONE SPA WORLD, LLCEIN 82-3520440Plan #002PY 2024

770 SOUTH DIXIE HWY, STE 200 - CORAL GABLES, FL 33146305-358-9002LinkedIn1-10 employees

Other plans on this EIN

1 filing

#001Retirement-$35.9M assets

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$2.3M

+15.2% from 2023

Total participants

342

-11.2% from 2023

Average account balance

$7,272

+33.3% from 2023

Annual return

13.47%

-3.37 pp from 2023

Benchmarks

See 2,053 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort2,053 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$2.31M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$7K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

318

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

88.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$211K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$996

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.47%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$49

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 1 by compensation

Provider	Service type	Compensation
INGHAM & COMPANY6+ years Service code 13 · EIN 65-0170152 9155 S. DADELAND BLVD., SUITE 1512 · MIAMI, FL 33156	Contract Administrator	$15,051

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H2S

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$16K

$73 / participant

Recordkeeping$4K25.4%
Trustee / custodial$5013.2%
Investment mgmt$3K21.4%
Contract admin$8K50.1%

% of EOY assets

0.673%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LERROSARBEY, PLLC
Auditor EIN: 270855205
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$7,272

$60,454-88.0%

$81,844-91.1%

$74,459-90.2%

Participation rate

88.7%

63.0%+25.7pp

72.4%+16.3pp

67.2%+21.5pp

Annual return

13.47%

16.87%-3.4pp

778.87%-765.4pp

1369.70%-1356.2pp

Employer contribution / active EE

$2,630-100.0%

$2,916-100.0%

$2,626-100.0%

Participant deferral / active EE

$996

$3,398-70.7%

$4,323-77.0%

$4,350-77.1%

Admin fee / account holder

$49

$1,490-96.7%

$7,355-99.3%

$1,945-97.5%

Provider

Service type

Compensation

INGHAM & COMPANY6+ years

Service code 13 · EIN 65-0170152

9155 S. DADELAND BLVD., SUITE 1512 · MIAMI, FL 33156

Contract Administrator

$15,051

ONE SPA WORLD 401(K) SAVINGS PLAN II

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ONE SPA WORLD 401(K) SAVINGS PLAN II

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion