Plan Ledger DOL Form 5500 · updated monthly

Fork IT Hospitality, LLC401(k)

WHITE OAK HOSPITALITY LLC 401(K) PLAN · BALTIMORE, MD · plan year 2022

Reported admin expense ratio · 2022
1.59%

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

Fork IT Hospitality, LLC reported $5,071 in plan administrative expenses for 2022: 1.59% of average plan assets, above the peer median. Employer contributions averaged $452 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Maryland (1,631st of 1,671), and 1,940th of 2,240 in accommodation & food services. In 2022, employees put in $1.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$441,501
Participants with balances156
Active participants255
Employer contributions$115,169
Employee contributions$154,599
Employer contribution per active participant$452
Average account balance$2,830
Benefits paid to participants$50,403
Plan auditUnmodified (clean) audit opinion
AuditorBD&CO.
The Fork IT Hospitality, LLC 401(k) match · 2022
Employer contribution per active participant$452
Median for plans this size$331

Fork IT Hospitality, LLC's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$5,071 · 1.59%
Similar plansAccommodation & Food Services · Maryland
Mne, LLC MD$870K · 0.07%
Blue Ridge Holdings, LLC MD$710K · 0.86%
Gomez Management Company MA$447K · 1.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831316717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.