Plan Ledger DOL Form 5500 · updated monthly

144 State Hospitality, LLC401(k)

144 STATE HOSPITALITY, LLC 401(K) PLAN · ALBANY, NY · plan year 2022

Reported admin expense ratio · 2022
1.68%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

144 State Hospitality, LLC reported $5,783 in plan administrative expenses for 2022: 1.68% of average plan assets, higher than ~75% of peers. Employer contributions averaged $222 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (5,497th of 5,648), and 1,981st of 2,240 in accommodation & food services. In 2022, employees put in $2.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$347,091
Participants with balances28
Active participants109
Employer contributions$24,217
Employee contributions$70,730
Employer contribution per active participant$222
Average account balance$12,396
Benefits paid to participants$26,108
Plan auditUnmodified (clean) audit opinion
AuditorTEAL BECKER CHAIRMONTE CPA, P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,783
Total administrative$5,783
The 144 State Hospitality, LLC 401(k) match · 2022
Employer contribution per active participant$222
Median for plans this size$331

144 State Hospitality, LLC's 2022 employer contribution ran below the $331 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$5,783 · 1.68%
Similar plansAccommodation & Food Services · New York
Jagr Hq LLC NY$439K · 4.36%
Fort Pond Bay Co LLC NY$367K · 0.93%
Getaway NY$363K · 1.51%
Kings Point Ventures LLC NY$247K · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383920199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.