Plan Ledger DOL Form 5500 · updated monthly

Azul Hospitality, LLC401(k)

AZUL HOSPITALITY 401K PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.86%

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

Azul Hospitality, LLC reported $65,851 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $373 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 0.51% to 0.86%. 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 California (5,730th of 9,483), and the 614th of 2,240 in accommodation & food services. In 2024, employees put in $2.46 for every $1.00 the employer contributed; active participation has grown from 1,178 to 1,748 since 2022.

Plan summary
Net assets, end of year$9,012,958
Participants with balances472
Active participants1,748
Employer contributions$652,813
Employee contributions$1,605,388
Employer contribution per active participant$373
Average account balance$19,095
Benefits paid to participants$653,838
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 472 accts · $653K emplr
2023$6.3M · 425 accts · $507K emplr
2022$4.1M · 330 accts · $306K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,851
Total administrative$65,851
The Azul Hospitality, LLC 401(k) match · 2024
Employer contribution per active participant$373
Median for plans this size$1,313
2024$373 per active participant
2023$306 per active participant
2022$260 per active participant

Azul Hospitality, LLC'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 · 20245
UBS FINANCIAL SERVICES, INC. · Investment advisory (plan)$17,839
JGD & ASSOCIATES LLP$14,500
SAN DIEGO PENSION CONSULTANTS · Contract administrator$5,748
EMPOWER ADVISORY GROUP LLC · Investment management$872

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

Administrative cost history3
2024$65,851 · 0.86%
2023$29,014 · 0.56%
2022$18,337 · 0.51%
Same employer
Similar plansAccommodation & Food Services · California
Roosevelt Hotel LLC CA$9.6M · 0.37%
Lazy Dog Restaurants, LLC CA$9.3M · 0.54%
Rubio's Restaurant, Inc. CA$9.3M · 0.14%
Good Hope International CA$9.0M · 0.17%
Meadowood Resort, LLC CA$9.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823588795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.