Plan Ledger DOL Form 5500 · updated monthly

Good Nite Inn, Inc401(k)

GOOD NITE INN RETIREMENT SAVINGS PLAN · LOS ANGELES, CA · plan year 2022

Reported admin expense ratio · 2022
0.43%

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

Good Nite Inn, Inc reported $11,734 in plan administrative expenses for 2022: 0.43% of average plan assets, below the peer median. Employer contributions averaged $471 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (8,103rd of 9,483), and 1,321st of 2,240 in accommodation & food services. In 2022, employees put in $3.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,456,330
Participants with balances49
Active participants122
Employer contributions$57,491
Employee contributions$176,944
Employer contribution per active participant$471
Average account balance$50,129
Benefits paid to participants$354,877
Plan auditUnmodified (clean) audit opinion
AuditorGORELICK & USLANER CPAS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11,734
Total administrative$11,734
The Good Nite Inn, Inc 401(k) match · 2022
Employer contribution per active participant$471
Median for plans this size$1,114

Good Nite Inn, Inc's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. 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$11,734 · 0.43%
Similar plansAccommodation & Food Services · California
Fulfillment Systems CA$2.3M · 0.42%
Nickco Hospitality LLC CA$2.1M · 1.67%
L.A. Koreana, Inc. CA$2.1M · 0.58%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 953989393 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.