Plan Ledger DOL Form 5500 · updated monthly

Butler Hospitality401(k)

BUTLER HOSPITALITY · VOORHEES, NJ · plan year 2022

Reported admin expense ratio · 2022
8.35%

Butler Hospitality reported $32,267 in plan administrative expenses for 2022: 8.35% of average plan assets, higher than ~90% 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 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New Jersey (2,315th of 2,419), and 1,960th of 2,240 in accommodation & food services. In 2022, employees put in $901.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$382,840
Participants with balances59
Active participants0
Employer contributions$231
Employee contributions$208,222
Employer contribution per active participant—
Average account balance$6,489
Benefits paid to participants$104,725
Plan auditUnmodified (clean) audit opinion
AuditorSEE ATTACHED REASONABLE CAUSE
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$32,267 · 8.35%
Similar plansAccommodation & Food Services · New Jersey
Parade Enterprises, LLC NJ$566K · 0.96%
Aj Foods, Inc. NJ$530K · 0.62%
Pcf Restaurant Group LLC NJ$273K · 10.18%
Jabbo Inc NJ$160K · 0.50%
Shrinaji LLC NJ$110K · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823975997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.