Plan Ledger DOL Form 5500 · updated monthly

Crescent Hotels & Resorts LLC401(k)

CRESCENT HOTELS & RESORTS 401K PLAN · FAIRFAX, VA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Crescent Hotels & Resorts LLC reported $540,237 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~90% of peers. Employer contributions averaged $619 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 0.65% to 0.59%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 274th-largest of 2,266 plans among Virginia employers on file, and the 197th of 3,341 in other services. In 2024, employees put in $2.96 for every $1.00 the employer contributed; active participation has grown from 5,958 to 8,381 since 2022.

Plan summary
Net assets, end of year$102,189,958
Participants with balances7,476
Active participants8,381
Employer contributions$5,183,836
Employee contributions$15,367,059
Employer contribution per active participant$619
Average account balance$13,669
Benefits paid to participants$12,777,605
Plan auditUnmodified (clean) audit opinion
AuditorMATTHEWS, CARTER & BOYCE, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$102.2M · 7,476 accts · $5.2M emplr
2023$81.2M · 6,231 accts · $3.8M emplr
2022$61.2M · 5,025 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$355,432
Investment management$75,000
Audit (IQPA)$19,000
Total administrative$540,237
The Crescent Hotels & Resorts LLC 401(k) match · 2024
Employer contribution per active participant$619
Median for plans this size$3,635
2024$619 per active participant
2023$572 per active participant
2022$603 per active participant

Crescent Hotels & Resorts LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20244
T ROWE PRICE RPS INC · Recordkeeping · Trustee$355,432
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$75,000
MATTHEWS, CARTER AND BOYCE · Accounting / audit$19,000
HUB INTERNATIONAL · Consulting$12,500

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$540,237 · 0.59%
2023$482,125 · 0.68%
2022$404,217 · 0.65%
Same employer
Similar plansOther Services · Virginia

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Source: U.S. Department of Labor, Form 5500 series, EIN 450471621 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.