Amergent Hospitality Group Inc.401(k)
SPARK TEAM ASSOCIATES ONE 401(K) PLAN · CHARLOTTE, NC · plan year 2023
Amergent Hospitality Group Inc. reported $21,708 in plan administrative expenses for 2023: 17.05% of average plan assets, higher than ~90% of peers. 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 7.61% to 45.49%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in North Carolina (1,983rd of 2,005), and 2,438th of 2,534 in administrative & support services. active participation has grown from 192 to 376 since 2022.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 844842958 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.