Plan Ledger DOL Form 5500 · updated monthly

Belz Hotel Group, LLC401(k)

PEABODY HOTEL GROUP 401(K) PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Belz Hotel Group, LLC reported $50,430 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $219 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 0.58%. 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 Tennessee (878th of 1,496), and the 615th of 2,240 in accommodation & food services. In 2024, employees put in $5.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,991,991
Participants with balances591
Active participants300
Employer contributions$65,679
Employee contributions$337,654
Employer contribution per active participant$219
Average account balance$15,215
Benefits paid to participants$932,262
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 591 accts · $66K emplr
2023$8.5M · 602 accts
2022$8.3M · 615 accts · $38K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,640
Investment management$12,140
Total administrative$50,430
The Belz Hotel Group, LLC 401(k) match · 2024
Employer contribution per active participant$219
Median for plans this size$1,313
2024$219 per active participant
2022$135 per active participant

Belz Hotel Group, 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 · 20241

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$50,430 · 0.58%
2023$52,411 · 0.62%
2022$50,452 · 0.51%
Similar plansAccommodation & Food Services · Tennessee
Blackberry Farm TN$13.3M · 0.85%
Shoney's of Knoxville, Inc. TN$11.2M · 0.02%
Charter Foods Inc. TN$9.8M · 0.86%
Jrn, Inc. TN$8.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621625494 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.