Plan Ledger DOL Form 5500 · updated monthly

E H Summit, Inc dba Luxe Sunset Blvd Hotel401(k)

LUXE HOTELS 401(K) PLAN · LOS ANGELES, CA · plan year 2023

Reported admin expense ratio · 2023
1.36%

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

E H Summit, Inc dba Luxe Sunset Blvd Hotel reported $30,720 in plan administrative expenses for 2023: 1.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,153 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 1 year on file its reported administrative ratio rose from 1.05% to 1.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (8,071st of 9,483), and 1,302nd of 2,240 in accommodation & food services. In 2023, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,528,740
Participants with balances71
Active participants71
Employer contributions$152,883
Employee contributions$215,371
Employer contribution per active participant$2,153
Average account balance$35,616
Benefits paid to participants$162,369
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$2.5M · 71 accts · $153K emplr
2022$2.0M · 104 accts · $127K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$30,529
Investment management$191
Total administrative$30,720
The E H Summit, Inc dba Luxe Sunset Blvd Hotel 401(k) match · 2023
Employer contribution per active participant$2,153
Median for plans this size$1,308
2023$2,153 per active participant
2022$1,223 per active participant

E H Summit, Inc dba Luxe Sunset Blvd Hotel's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$15,451
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$15,078
TWO WEST CAPITAL ADVISORS LLC · Pension consulting$191

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

Administrative cost history2
2023$30,720 · 1.36%
2022$23,972 · 1.05%
Similar plansAccommodation & Food Services · California
Pac Pizza CA$2.6M · 0.90%
Denco Family, Inc. CA$2.6M · 1.44%
Good Nite Inn, Inc CA$2.5M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954356761 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.