How much does 4TOP Hospitality Group, Inc. contribute to its ESOP?

In 2022, employer contributions to the 4TOP Hospitality Group, Inc. plan averaged $538 per active participant, above the $331 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the 4TOP Hospitality Group, Inc. 401(k)?

The average participant account balance was -$7,125 for plan year 2022, based on 315 accounts.

4TOP Hospitality Group, Inc.ESOP

Name: 4TOP Hospitality Group, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

4TOP HOSPITALITY GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN · NASHVILLE, TN · plan year 2022

Employer contribution per participant · 2022

$538

4TOP Hospitality Group, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held -$2,244,301 across 315 participant accounts, with employer contributions averaging $538 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers.

Plan summary
Net assets, end of year-$2,244,301
Participants with balances315
Active participants351
Employer contributions$188,879
Employee contributions—
Employer contribution per active participant$538
Average account balance-$7,125
Plan auditUnmodified (clean) audit opinion
AuditorKRAFTCPAS PLLC

Plan history3

Yearassets · accounts · employer contribution

2024$-6.6M · 495 accts · $192K emplr

2023$-7.2M · 398 accts · $187K emplr

2022$-2.2M · 315 accts · $189K emplr

Employer contributions to the 4TOP Hospitality Group, Inc. plan · 2022

Employer contribution per active participant$538

Median for plans this size$331

2024$457 per active participant

2023$477 per active participant

2022$538 per active participant

4TOP Hospitality Group, Inc.'s 2022 employer contribution ran above 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.

Administrative cost history3

2024Not separately reported

2023Not separately reported

2022Not separately reported

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Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 873958965 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.