Plan Ledger DOL Form 5500 · updated monthly

Bene Hospitality Group LLC401(k)

BENE HOSPITALITY GROUP 401(K) PLAN · MOUNT PLEASANT, SC · plan year 2022

Reported admin expense ratio · 2022
2.30%

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

Bene Hospitality Group LLC reported $3,142 in plan administrative expenses for 2022: 2.30% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in South Carolina (798th of 807), and 2,089th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$148,578
Participants with balances175
Active participants51
Employer contributions$0
Employee contributions$84,284
Employer contribution per active participant$0
Average account balance$849
Benefits paid to participants$34,856
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2
Investment management$3,140
Total administrative$3,142
The Bene Hospitality Group LLC 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Bene Hospitality Group LLC's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,142 · 2.30%
Similar plansAccommodation & Food Services · South Carolina
Serg Restaurant Group LLC SC$591K · 0.57%
Seaside Inn Rentals, LLC SC$149K · 1.63%
Cravco III, LLC SC$124K · 3.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823980318 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.