Lago Mar Properties 401(k) match, vesting and fees
What Lago Mar Properties' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | American Portfolios Advisors, Inc. | Schedule C ↗ |
| Independent auditor | Weinstein Zugman LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,100 defined-contribution plans in accommodation and food services with 100 to 499 participants.
| Lago Mar Properties: employer contribution per participant | $931 | |
| Peer median | $935 |
| Lago Mar Properties: average balance | $42,340 | |
| Peer median | $24,052 |
| Lago Mar Properties: admin expenses ÷ assets | 0.36% | |
| Peer median | 0.61% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $6.4M at the end of plan year 2021 to $6.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 165 | $6.8M | $150K | $931 | 0.36% | Not published | Form 5500 ↗ |
| 2023 | 152 | $6.2M | $131K | $953 | 0.68% | Not published | Form 5500 ↗ |
| 2022 | 173 | $5.7M | $128K | $757 | 0.64% | Not published | Form 5500 ↗ |
| 2021 | 170 | $6.4M | $116K | $764 | 0.62% | Not published | Form 5500 ↗ |
Common questions
Does Lago Mar Properties match 401(k) contributions?
The match terms for the Lago Mar Properties, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $150K in employer contributions, about $931 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Lago Mar Properties 401(k) match vested?
The vesting schedule for the Lago Mar Properties, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Lago Mar Properties 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is American Portfolios Advisors, Inc.. The plan administrator is Lago Mar Properties, Inc..
I left Lago Mar Properties. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Lago Mar Properties, Inc., (954) 245-3639) or the recordkeeper, American Portfolios Advisors, Inc.. The Lago Mar Properties old 401(k) page lists the contacts from every plan filing. Find an old Lago Mar Properties 401(k)
Data from the public Form 5500 annual reports Lago Mar Properties filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Lago Mar Properties. Not financial advice. Report a correction · Methodology