Plan Ledger DOL Form 5500 · updated monthly

Best Western International, Inc.401(k)

BEST WESTERN INTERNATIONAL, INC. 401(K) INVESTMENT PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Best Western International, Inc. reported $190,850 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $7,164 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 fell from 0.11% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 69th-largest of 1,285 plans among Arizona employers on file, and the 45th of 2,240 in accommodation & food services. In 2024, employees put in $1.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$231,796,155
Participants with balances1,574
Active participants1,330
Employer contributions$9,528,648
Employee contributions$9,961,927
Employer contribution per active participant$7,164
Average account balance$147,266
Benefits paid to participants$12,634,048
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$231.8M · 1,574 accts · $9.5M emplr
2023$201.4M · 1,621 accts · $9.0M emplr
2022$166.6M · 1,643 accts · $8.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$167,850
Audit (IQPA)$23,000
Total administrative$190,850
The Best Western International, Inc. 401(k) match · 2024
Employer contribution per active participant$7,164
Median for plans this size$3,635
2024$7,164 per active participant
2023$6,498 per active participant
2022$5,862 per active participant

Best Western International, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$179,400
CBIZ CPAS P.C. · Accounting / audit$22,000
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$190,850 · 0.09%
2023$189,328 · 0.10%
2022$176,407 · 0.11%
Same employer
Similar plansAccommodation & Food Services · Arizona
Red Lobster Restaurants, LLC FL$238.8M · 0.23%
Grubhub Holdings Inc. IL$219.2M · 0.16%
Flagler System, Inc. FL$214.3M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860138899 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.