Plan Ledger DOL Form 5500 · updated monthly

Belmond USA Inc.401(k)

BELMOND USA INC. 401(K) PLAN · NORTH CHARLESTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Belmond USA Inc. reported $61,070 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,537 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 0.23% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 243rd-largest of 807 plans among South Carolina employers on file, and the 273rd of 2,240 in accommodation & food services. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,184,626
Participants with balances304
Active participants252
Employer contributions$387,446
Employee contributions$825,415
Employer contribution per active participant$1,537
Average account balance$72,976
Benefits paid to participants$3,013,542
Plan auditUnmodified (clean) audit opinion
AuditorWEBSTER ROGERS
Plan history3
Yearassets · accounts · employer contribution
2024$22.2M · 304 accts · $387K emplr
2023$21.0M · 320 accts · $379K emplr
2022$19.9M · 341 accts · $449K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,599
Investment management$39,471
Total administrative$61,070
The Belmond USA Inc. 401(k) match · 2024
Employer contribution per active participant$1,537
Median for plans this size$2,416
2024$1,537 per active participant
2023$1,546 per active participant
2022$1,951 per active participant

Belmond USA Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
RAYMOND JAMES · Recordkeeping · Trustee$39,471
ADP, INC. · Loan processing · Recordkeeping$21,599
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, Raymond James
2023ADP, Raymond James

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

Administrative cost history3
2024$61,070 · 0.28%
2023$59,561 · 0.29%
2022$70,477 · 0.23%
Same employer
Similar plansAccommodation & Food Services · South Carolina
Denny's, Inc. SC$89.7M · 0.17%
Centerplate, Inc. SC$48.9M · 0.24%
Ecratchit, Inc. SC$27.4M · 0.20%
Auro Hotels Management, LLC SC$23.8M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134130416 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.