Peter Pan has been a college-aged dude for better part of two centuries. He lives a carefree existence, spending his days drinking and engaging in other debauchery with the Lost Boys, a fraternity-like band of bros Peter presides over. Most of Pan's evenings consist of him seeking out young women, convincing them to accompany him to Neverland, then after he's wooed them into bed, returning them home and never speaking to them again. But things take an unexpected turn when following an unsuccessful courtship of a Lake Forest College coed, Peter begins to question his lifestyle. This crisis of self becomes exacerbated when Pan's old rival, Captain Hook, undergoes a midlife crisis, as he starts trying to hangout with Peter and the Lost Boys.