Plan Ledger DOL Form 5500 · updated monthly

Aspen Lodging Group LLC401(k)

PROVENANCE HOTELS EMPLOYEE 401(K) PLAN AND TRUST · PORTLAND, OR · plan year 2023

Reported admin expense ratio · 2023
1.41%

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

Aspen Lodging Group LLC reported $56,890 in plan administrative expenses for 2023: 1.41% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,137 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 0.73% to 1.21%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Oregon (795th of 1,021), and the 984th of 2,240 in accommodation & food services. In 2023, employees put in $6.00 for every $1.00 the employer contributed; active participation has shrunk from 14 to 12 since 2022.

Plan summary
Net assets, end of year$4,199,074
Participants with balances136
Active participants12
Employer contributions$13,645
Employee contributions$81,930
Employer contribution per active participant$1,137
Average account balance$30,876
Benefits paid to participants$1,967,892
Plan auditUnmodified (clean) audit opinion
AuditorHOWELL STRACZEK LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 102 accts · $7K emplr
2023$4.2M · 136 accts · $14K emplr
2022$3.9M · 214 accts · $117K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$28,982
Investment management$27,908
Total administrative$56,890
The Aspen Lodging Group LLC 401(k) match · 2023
Employer contribution per active participant$1,137
Median for plans this size$1,308
2024$751 per active participant
2023$1,137 per active participant
2022$8,356 per active participant

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

Service providers · 20234
USI ADVISORS, INC · Recordkeeping · Pension consulting$30,815
ADP, INC. · Recordkeeping$28,982
HOWELL STRACZEK CPA · Recordkeeping · Pension consulting$12,500
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, HOWELL STRACZEK CPA, USI ADVISORS, INC
2023ADP, HOWELL STRACZEK CPA, USI ADVISORS, INC

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Administrative cost history3
2024$47,030 · 1.21%
2023$56,890 · 1.41%
2022$29,750 · 0.73%
Similar plansAccommodation & Food Services · Oregon
Columbia Room Inc OR$4.9M · 0.00%
Elephants Food Group Inc. OR$4.9M · 0.69%
Escape Lodging, LLC OR$3.7M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460511545 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.