Plan Ledger DOL Form 5500 · updated monthly

Hai Hospitality Group, LLC401(k)

HAI HOSPITALITY GROUP, LLC 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
1.50%

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

Hai Hospitality Group, LLC reported $42,904 in plan administrative expenses for 2024: 1.50% of average plan assets, higher than ~90% of peers. Employer contributions averaged $499 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 0.62% to 1.50%. 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 Texas (4,357th of 5,688), and the 1,054th of 2,240 in accommodation & food services. In 2024, employees put in $2.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,811,464
Participants with balances289
Active participants1,083
Employer contributions$540,071
Employee contributions$1,338,641
Employer contribution per active participant$499
Average account balance$13,188
Benefits paid to participants$358,283
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$3.8M · 289 accts · $540K emplr
2023$1.9M · 230 accts · $493K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,904
Total administrative$42,904
The Hai Hospitality Group, LLC 401(k) match · 2024
Employer contribution per active participant$499
Median for plans this size$1,313
2024$499 per active participant
2023$585 per active participant

Hai Hospitality Group, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$42,904
CREATIVE PLANNING, LLC · Investment advisory (participants)indirect comp

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

Administrative cost history2
2024$42,904 · 1.50%
2023$11,813 · 0.62%
Same employer
Similar plansAccommodation & Food Services · Texas
Newrest Iah LLC TX$4.1M · 1.15%
Tasty Hut, LLC TX$4.1M · 2.26%
Dennard Enterprises, Inc. TX$4.0M · 0.72%
6H Management LLC TX$3.8M · 1.04%
Pepi Corporation TX$3.8M · 1.39%
Rgv Properties, Inc. TX$3.7M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853250442 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.