Plan Ledger DOL Form 5500 · updated monthly

American Hospitality Group Inc401(k)

AMERICAN HOSPITALITY GROUP INC 401(K) PROFIT SHARING PLAN & TRUST · WADSWORTH, OH · plan year 2023

Reported admin expense ratio · 2023
0.58%

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

American Hospitality Group Inc reported $20,855 in plan administrative expenses for 2023: 0.58% of average plan assets, above the peer median. Employer contributions averaged $463 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 1 year on file its reported administrative ratio rose from 0.46% to 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (2,706th of 3,295), and 8,613th of 11,911 in health care & social assistance. In 2023, employees put in $2.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,915,741
Participants with balances88
Active participants182
Employer contributions$84,212
Employee contributions$204,215
Employer contribution per active participant$463
Average account balance$44,497
Benefits paid to participants$312,108
Plan auditUnmodified (clean) audit opinion
AuditorDONOVAN KLIMCZAK & CO
Plan history2
Yearassets · accounts · employer contribution
2023$3.9M · 88 accts · $84K emplr
2022$3.2M · 188 accts · $80K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,080
Investment management$16,775
Total administrative$20,855
The American Hospitality Group Inc 401(k) match · 2023
Employer contribution per active participant$463
Median for plans this size$1,308
2023$463 per active participant
2022$465 per active participant

American Hospitality Group Inc's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MERRILL LYNCH, PIERCE, FENNER · Investment advisory (plan)$16,775

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

Administrative cost history2
2023$20,855 · 0.58%
2022$17,562 · 0.46%
Similar plansHealth Care & Social Assistance · Ohio
Leads, Inc OH$4.0M · 0.13%
Edm Management, Inc. OH$3.9M · 0.98%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 341227832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.