Plan Ledger DOL Form 5500 · updated monthly

Culinary Workers Local 226401(k)

CULINARY WORKERS LOCAL 226 RETIREMENT SAVINGS PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Culinary Workers Local 226 reported $37,867 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $2,267 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 0.36% to 0.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is the 207th-largest of 437 plans among Nevada employers on file, and 1,676th of 3,341 in other services. In 2024, employees put in $1.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,784,884
Participants with balances110
Active participants131
Employer contributions$296,993
Employee contributions$381,091
Employer contribution per active participant$2,267
Average account balance$88,953
Benefits paid to participants$699,658
Plan auditUnmodified (clean) audit opinion
AuditorLAYTON LAYTON & TOBLER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 110 accts · $297K emplr
2023$8.9M · 110 accts · $273K emplr
2022$7.7M · 103 accts · $238K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,554
Investment management$24,863
Audit (IQPA)$2,450
Total administrative$37,867
The Culinary Workers Local 226 401(k) match · 2024
Employer contribution per active participant$2,267
Median for plans this size$1,313
2024$2,267 per active participant
2023$2,200 per active participant
2022$1,778 per active participant

Culinary Workers Local 226's 2024 employer contribution ran above 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 · 20245
MILLIMAN, INC. · Recordkeeping · Pension consulting$43,153
MARSH& MCLENNAN AGENCY LLC · Insurance services$15,398
INVESTMENT MANAGEMENT CONSULTANTS · Investment management$9,390
CHARLES SCHWAB & CO., INC. · Trustee (directed) · Custodial (securities)indirect comp
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee (directed)indirect comp

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

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history3
2024$37,867 · 0.41%
2023$32,116 · 0.39%
2022$31,723 · 0.36%
Similar plansOther Services · Nevada
Westcare Foundation, Inc. NV$28.5M · 0.55%
Community Services Agency NV$8.7M · 0.07%
Vadatech Inc NV$8.1M · 0.93%
Sobel Westex, Inc. NV$7.8M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880028065 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.