Plan Ledger DOL Form 5500 · updated monthly

Hello! Destination Management, LLC401(k)

HELLO! DESTINATION MANAGEMENT SAVINGS PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Hello! Destination Management, LLC reported $44,394 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $1,711 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 0.20% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,023rd-largest of 3,644 plans among Florida employers on file, and the 674th of 2,677 in transportation & warehousing. In 2024, employees put in $2.82 for every $1.00 the employer contributed; active participation has grown from 232 to 321 since 2022.

Plan summary
Net assets, end of year$22,738,387
Participants with balances314
Active participants321
Employer contributions$549,298
Employee contributions$1,547,947
Employer contribution per active participant$1,711
Average account balance$72,415
Benefits paid to participants$1,488,016
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.7M · 314 accts · $549K emplr
2023$19.6M · 272 accts · $451K emplr
2022$15.8M · 203 accts · $187K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,394
Total administrative$44,394
The Hello! Destination Management, LLC 401(k) match · 2024
Employer contribution per active participant$1,711
Median for plans this size$2,416
2024$1,711 per active participant
2023$1,576 per active participant
2022$807 per active participant

Hello! Destination Management, LLC's 2024 employer contribution ran below the $2,416 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$44,394
WILSHIRE ADVISORS LLC · Investment advisory (plan)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 history3
2024$44,394 · 0.21%
2023$36,644 · 0.21%
2022$34,727 · 0.20%
Similar plansTransportation & Warehousing · Florida
John J Jerue Truck Broker FL$25.2M · 0.65%
Srtv Holdings LLC FL$23.1M · 0.23%
Ga Telesis, LLC FL$22.7M · 0.25%
Amerijet International, Inc FL$22.6M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831460166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.