Plan Ledger DOL Form 5500 · updated monthly

Good Hope International401(k)

PLANET FIRST 401(K) PLAN · ANAHEIM, CA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Good Hope International reported $13,675 in plan administrative expenses for 2024: 0.17% of average plan assets, lower than ~75% of peers. Employer contributions averaged $852 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 0.07% to 0.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (5,720th of 9,483), and the 611th of 2,240 in accommodation & food services. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 681 to 764 since 2022.

Plan summary
Net assets, end of year$9,046,624
Participants with balances367
Active participants764
Employer contributions$650,576
Employee contributions$1,261,465
Employer contribution per active participant$852
Average account balance$24,650
Benefits paid to participants$833,286
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 367 accts · $651K emplr
2023$7.1M · 355 accts · $554K emplr
2022$4.9M · 265 accts · $359K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,675
Total administrative$13,675
The Good Hope International 401(k) match · 2024
Employer contribution per active participant$852
Median for plans this size$1,313
2024$852 per active participant
2023$648 per active participant
2022$527 per active participant

Good Hope International's 2024 employer contribution ran below 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 · 20241
VOYA RETIREMENT INS AND ANNUITY CO · Contract administrator · Recordkeeping$13,675

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

Recordkeeper by year2
2024Voya
2023Voya

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

Administrative cost history3
2024$13,675 · 0.17%
2023$16,925 · 0.28%
2022$3,125 · 0.07%
Similar plansAccommodation & Food Services · California
Roosevelt Hotel LLC CA$9.6M · 0.37%
Lazy Dog Restaurants, LLC CA$9.3M · 0.54%
Rubio's Restaurant, Inc. CA$9.3M · 0.14%
Azul Hospitality, LLC CA$9.0M · 0.86%
Meadowood Resort, LLC CA$9.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330203644 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.