Plan Ledger DOL Form 5500 · updated monthly

Bbl Hospitality, LLC401(k)

BBL HOSPITALITY GROUP 401(K) RETIREMENT SAVINGS PLAN AND TRUST · ALBANY, NY · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Bbl Hospitality, LLC reported $22,141 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $407 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 0.45% to 0.52%. 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 New York (4,530th of 5,648), and the 924th of 2,240 in accommodation & food services. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has grown from 349 to 640 since 2022.

Plan summary
Net assets, end of year$4,700,648
Participants with balances605
Active participants640
Employer contributions$260,726
Employee contributions$525,479
Employer contribution per active participant$407
Average account balance$7,770
Benefits paid to participants$332,799
Plan auditUnmodified (clean) audit opinion
AuditorTEAL BECKER & CHIARAMONTE CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 605 accts · $261K emplr
2023$3.8M · 584 accts · $78K emplr
2022$3.0M · 108 accts · $40K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,141
Total administrative$22,141
The Bbl Hospitality, LLC 401(k) match · 2024
Employer contribution per active participant$407
Median for plans this size$1,313
2024$407 per active participant
2023$137 per active participant
2022$115 per active participant

Bbl 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$14,265
LPL FINANCIAL CORPORATION RPCP · Investment advisory (plan)$7,875

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$22,141 · 0.52%
2023$13,581 · 0.40%
2022$14,114 · 0.45%
Same employer
Similar plansAccommodation & Food Services · New York
Dino Hospitality, LLC NY$5.3M · 0.58%
Kelton Enterprises, LLC NY$5.3M · 0.35%
Mei Gny Hospitality, LLC NY$4.8M · 0.04%
Hendel Products Group NY$4.6M · 1.51%
Navika Capital Group, LLC NY$4.5M · 1.78%
Yotel Management USA NY$4.4M · 0.53%
Momo Holdings LLC NY$4.3M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264830667 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.