Plan Ledger DOL Form 5500 · updated monthly

Daly Hotel Management, Inc.401(k)

DALY HOTEL MANAGEMENT PROFIT SHARING PLAN & TRUST · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.57%

Daly Hotel Management, Inc. reported $4,886 in plan administrative expenses for 2024: 0.57% of average plan assets, below the peer median. 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 0.71% to 0.57%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in North Carolina (1,892nd of 2,005), and 1,743rd of 2,240 in accommodation & food services. active participation has shrunk from 193 to 153 since 2022.

Plan summary
Net assets, end of year$945,600
Participants with balances165
Active participants153
Employer contributions—
Employee contributions$132,348
Employer contribution per active participant—
Average account balance$5,731
Benefits paid to participants$63,895
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$946K · 165 accts
2023$777K · 161 accts · $40K emplr
2022$525K · 149 accts · $43K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,127
Total administrative$4,886
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 · 20241
ADP, INC. · Loan processing · Recordkeeping$4,885

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$4,886 · 0.57%
2023$4,493 · 0.69%
2022$3,489 · 0.71%
Similar plansAccommodation & Food Services · North Carolina
Big Bran NC$1.2M · 2.08%
Cary Keisler, Inc. NC$1.1M · 0.86%
Ppr Foods, LLC NC$1.1M · 0.06%
Cmc Corporation NC$911K · 1.34%
Fmcj Enterprises, LLC NC$903K · 0.58%
Tandem, Inc. NC$881K · 3.93%
Sds Restaurant Group LLC NC$840K · 1.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813609135 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.