Plan Ledger DOL Form 5500 · updated monthly

Bene Management Group, LLC401(k)

BENE HOSPITALITY GROUP 401(K) PLAN · MOUNT PLEASANT, SC · plan year 2023

Reported admin expense ratio · 2023
0.16%

Bene Management Group, LLC reported $194 in plan administrative expenses for 2023: 0.16% of average plan assets, lower than ~75% of peers. 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 1,192 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in South Carolina (803rd of 807), and 2,144th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$94,207
Participants with balances57
Active participants124
Employer contributions—
Employee contributions$51,390
Employer contribution per active participant—
Average account balance$1,653
Benefits paid to participants$116,613
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$194
Total administrative$194
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
VESTWELL · Contract administrator · Investment advisory (plan)$357

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

Administrative cost history1
2023$194 · 0.16%
Similar plansAccommodation & Food Services · South Carolina
Seaside Inn Rentals, LLC SC$149K · 1.63%
Cravco III, LLC SC$124K · 3.00%
Cs Hotel LLC CA$97K · 3.20%
Glm Gaming LLC NV$96K · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 883580344 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.