Plan Ledger DOL Form 5500 · updated monthly

Airport Shoppes and Hotel Corp.Profit-sharing plan

AIRPORT SHOPPES AND HOTEL CORP. RETIREMENT PLAN · SAN JUAN, PR · plan year 2024

Reported admin expense ratio · 2024
1.46%

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

Airport Shoppes and Hotel Corp. reported $38,205 in plan administrative expenses for 2024: 1.46% of average plan assets, higher than ~90% of peers. Employer contributions averaged $171 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.

Across the 2 years on file its reported administrative ratio rose from 1.33% to 1.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in PR (225th of 323), and 1,238th of 2,240 in accommodation & food services. In 2024, employees put in $5.41 for every $1.00 the employer contributed; active participation has grown from 183 to 213 since 2022.

Plan summary
Net assets, end of year$2,827,839
Participants with balances454
Active participants213
Employer contributions$36,346
Employee contributions$196,734
Employer contribution per active participant$171
Average account balance$6,229
Benefits paid to participants$101,702
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 454 accts · $36K emplr
2023$2.4M · 422 accts · $31K emplr
2022$1.9M · 408 accts · $23K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,277
Investment management$15,941
Trustee / custodial$3,987
Total administrative$38,205
Employer contributions to the Airport Shoppes and Hotel Corp. plan · 2024
Employer contribution per active participant$171
Median for plans this size$1,313
2024$171 per active participant
2023$162 per active participant
2022$128 per active participant

Airport Shoppes and Hotel Corp.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
BENEFIT PLANS ADMIN SERVICES · Recordkeeping$16,628
KOVACK ADVISORS, INC. · Investment management · Securities brokerage$15,941

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024BENEFIT PLANS ADMIN SERVICES
2023BENEFIT PLANS ADMIN SERVICES

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$38,205 · 1.46%
2023$30,350 · 1.39%
2022$27,912 · 1.33%
Same employer
Similar plansAccommodation & Food Services · PR
Highgate Hotels LLC PR$2.2M · 1.47%
Cchpr Hospitality LLC PR$2.2M · 0.74%
Fhr Esj Operations LLC PR$1.6M · 1.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660598985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.