Plan Ledger DOL Form 5500 · updated monthly

Gangl Hospitality Management, LLC401(k)

GANGL HOSPITALITY 401(K) PLAN · FARGO, ND · plan year 2022

Reported admin expense ratio · 2022
1.70%

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

Gangl Hospitality Management, LLC reported $10,270 in plan administrative expenses for 2022: 1.70% of average plan assets, higher than ~75% of peers. Employer contributions averaged $518 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 North Dakota (277th of 279), and 1,882nd of 2,240 in accommodation & food services. In 2022, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$563,937
Participants with balances52
Active participants88
Employer contributions$45,574
Employee contributions$97,097
Employer contribution per active participant$518
Average account balance$10,845
Benefits paid to participants$106,279
Plan auditUnmodified (clean) audit opinion
AuditorEDIE BAILLY, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,270
Total administrative$10,270
The Gangl Hospitality Management, LLC 401(k) match · 2022
Employer contribution per active participant$518
Median for plans this size$331

Gangl Hospitality Management, 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$10,270 · 1.70%
Similar plansAccommodation & Food Services · North Dakota
4 Bears Casino & Lodge ND$7.8M · 0.90%
White Bluff, Inc. AZ$581K · 0.71%
Relish Caterers, LTD. NY$578K · 1.66%
Bgac, LLC GA$568K · 0.26%
Parade Enterprises, LLC NJ$566K · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463823932 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.