Plan Ledger DOL Form 5500 · updated monthly

Harvey W. Hottel Inc.401(k)

HARVEY W. HOTTEL, INC.401(K) PLAN · GAITHERSBURG, MD · plan year 2022

Reported admin expense ratio · 2022
0.46%

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

Harvey W. Hottel Inc. reported $34,511 in plan administrative expenses for 2022: 0.46% of average plan assets, below the peer median. Employer contributions averaged $1,380 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 construction employers. By assets it is among the smaller plans on file in Maryland (1,127th of 1,671), and 3,515th of 5,337 in construction. In 2022, employees put in $4.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,337,670
Participants with balances91
Active participants81
Employer contributions$111,765
Employee contributions$515,808
Employer contribution per active participant$1,380
Average account balance$80,634
Benefits paid to participants$2,584,932
Plan auditUnmodified (clean) audit opinion
AuditorDAVIDSON, DOYLE & HILTON, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$34,511
Total administrative$34,511
The Harvey W. Hottel Inc. 401(k) match · 2022
Employer contribution per active participant$1,380
Median for plans this size$1,114

Harvey W. Hottel Inc.'s 2022 employer contribution ran above the $1,114 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$34,511 · 0.46%
Similar plansConstruction · Maryland
Keller Brothers, Inc. MD$7.9M · 0.07%
Ellsworth Electric, Inc. MD$7.7M · 0.50%
Cda Incorporated MD$7.3M · 1.12%
Tissa Enterprises, Inc. MD$7.1M · 0.06%
Curbio Inc. MD$7.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520627053 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.