Plan Ledger DOL Form 5500 · updated monthly

Hibar Hospitality Operations, LLC401(k)

HIBAR HOSPITALITY OPERATIONS RETIREMENT PLAN · AUSTIN, TX · plan year 2022

Reported admin expense ratio · 2022
1.60%

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

Hibar Hospitality Operations, LLC reported $4,276 in plan administrative expenses for 2022: 1.60% of average plan assets, above the peer median. Employer contributions averaged $0 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Texas (5,549th of 5,688), and 2,004th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$303,669
Participants with balances52
Active participants346
Employer contributions$0
Employee contributions$154,665
Employer contribution per active participant$0
Average account balance$5,840
Benefits paid to participants$16,287
Plan auditUnmodified (clean) audit opinion
AuditorTULL, FORSBERG & OLSON, PLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,276
Total administrative$4,276
The Hibar Hospitality Operations, LLC 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Hibar Hospitality Operations, LLC's 2022 employer contribution ran below the $331 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$4,276 · 1.60%
Same employer
Similar plansAccommodation & Food Services · Texas
Rovin, Inc. TX$390K · 3.86%
Iicorp TX$350K · 1.18%
7CREW Enterprises, LLC TX$336K · 2.67%
Patch Management, Inc. TX$309K · 2.40%
Sweet Pizza, LLC TX$296K · 0.72%
Island Famous, Inc. TX$272K · 8.47%
ZKK1, LLC TX$270K · 1.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873792991 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.