Plan Ledger DOL Form 5500 · updated monthly

Belvedere Hotel Partnership dba the Peninsula Beverly Hills401(k)

BELVEDERE HOTEL PARTNERSHIP DBA THE PENINSULA BEVERLY HILLS 401(K) PROFIT SHARING PLAN · BEVERLY HILLS, CA · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Belvedere Hotel Partnership dba the Peninsula Beverly Hills reported $199,322 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,930 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 0.55% to 0.88%. 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 3,156th-largest of 9,483 plans among California employers on file, and the 250th of 2,240 in accommodation & food services. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,433,127
Participants with balances368
Active participants378
Employer contributions$729,478
Employee contributions$1,481,303
Employer contribution per active participant$1,930
Average account balance$66,394
Benefits paid to participants$1,626,302
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.4M · 368 accts · $729K emplr
2023$20.8M · 378 accts · $644K emplr
2022$17.8M · 458 accts · $608K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$140,613
Investment management$36,522
Audit (IQPA)$22,187
Total administrative$199,322
The Belvedere Hotel Partnership dba the Peninsula Beverly Hills 401(k) match · 2024
Employer contribution per active participant$1,930
Median for plans this size$2,416
2024$1,930 per active participant
2023$1,741 per active participant
2022$1,613 per active participant

Belvedere Hotel Partnership dba the Peninsula Beverly Hills'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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$118,712
CREATIVE PLANNING, LLC · Investment advisory (participants)$36,522
ASCENSUS · Plan administrator$10,685

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$199,322 · 0.88%
2023$101,703 · 0.53%
2022$103,975 · 0.55%
Same employer
Similar plansAccommodation & Food Services · California
Ols Hotels & Resorts, LLC CA$26.5M · 0.62%
Ayres Management L.P. CA$22.9M · 0.02%
Kings Seafood Company, LLC CA$22.2M · 0.94%
Busch Group, LLC CA$21.8M · 0.29%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 954205099 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.