Plan Ledger DOL Form 5500 · updated monthly

Blue Star Hospitality, LLC401(k)

BLUE STAR HOSPITALITY, LLC 401(K) PROFIT SHARING PLAN · FLETCHER, NC · plan year 2022

Reported admin expense ratio · 2022
1.87%

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

Blue Star Hospitality, LLC reported $7,836 in plan administrative expenses for 2022: 1.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $465 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 administrative & support services employers. By assets it is among the smaller plans on file in North Carolina (1,948th of 2,005), and 2,368th of 2,534 in administrative & support services. In 2022, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$422,236
Participants with balances31
Active participants69
Employer contributions$32,053
Employee contributions$66,971
Employer contribution per active participant$465
Average account balance$13,621
Benefits paid to participants$22,334
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,836
Total administrative$7,836
The Blue Star Hospitality, LLC 401(k) match · 2022
Employer contribution per active participant$465
Median for plans this size$331

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

Administrative cost history1
2022$7,836 · 1.87%
Similar plansAdministrative & Support Services · North Carolina
Green Group Holdings, LLC NC$979K · 0.51%
Wastezero, Inc. NC$811K · 0.15%
Aruza LLC NC$563K · 2.73%
Rga Enterprises Inc NC$287K · 2.29%
Customerhd, LLC NC$244K · 4.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200494899 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.