Plan Ledger DOL Form 5500 · updated monthly

Coastal Hospitality Associates, LLC401(k)

COASTAL HOSPITALITY ASSOCIATES, LLC 401(K) PLAN · VIRGINIA BEACH, VA · plan year 2024

Reported admin expense ratio · 2024
1.32%

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

Coastal Hospitality Associates, LLC reported $64,718 in plan administrative expenses for 2024: 1.32% of average plan assets, higher than ~90% of peers. Employer contributions averaged $770 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 rose from 1.20% to 1.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Virginia (1,807th of 2,266), and 1,485th of 2,096 in real estate & leasing. In 2024, employees put in $2.80 for every $1.00 the employer contributed; active participation has shrunk from 194 to 163 since 2022.

Plan summary
Net assets, end of year$5,252,408
Participants with balances331
Active participants163
Employer contributions$125,585
Employee contributions$352,088
Employer contribution per active participant$770
Average account balance$15,868
Benefits paid to participants$375,608
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 331 accts · $126K emplr
2023$4.6M · 344 accts · $142K emplr
2022$3.7M · 296 accts · $156K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,465
Investment management$26,253
Total administrative$64,718
The Coastal Hospitality Associates, LLC 401(k) match · 2024
Employer contribution per active participant$770
Median for plans this size$1,313
2024$770 per active participant
2023$696 per active participant
2022$803 per active participant

Coastal Hospitality Associates, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$38,465
GRATUS WEALTH ADVISORS LLC · Investment advisory (participants)$23,333
NEWEDGE ADVISORS LCC · Investment advisory (participants)$1,911
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$1,009

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$64,718 · 1.32%
2023$54,880 · 1.33%
2022$47,150 · 1.20%
Same employer
Similar plansReal Estate & Leasing · Virginia
Mbh Settlement Group, Lc VA$6.9M · 0.01%
Evertree Insurance LLC VA$5.1M · 1.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461045825 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.