Plan Ledger DOL Form 5500 · updated monthly

Highgate Hotels LLC401(k)

HIGHGATE HOTELS PUERTO RICO RETIREMENT PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
1.33%

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

Highgate Hotels LLC reported $34,820 in plan administrative expenses for 2024: 1.33% of average plan assets, higher than ~90% of peers. Employer contributions averaged $145 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 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Texas (4,578th of 5,688), and 1,193rd of 2,240 in accommodation & food services. In 2024, employees put in $7.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,045,383
Participants with balances222
Active participants539
Employer contributions$78,033
Employee contributions$549,800
Employer contribution per active participant$145
Average account balance$13,718
Benefits paid to participants$75,490
Plan auditUnmodified (clean) audit opinion
AuditorSHARON & GONZALEZ CPAS LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,320
Investment management$500
Total administrative$34,820
The Highgate Hotels LLC 401(k) match · 2024
Employer contribution per active participant$145
Median for plans this size$1,313

Highgate Hotels 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 · 20244
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator$24,243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$10,228
ORIENTAL BANK & TRUST · Other services$1,667
A & A EMPLOYEE BENEFITS CONSULTING · Contract administrator$1,667

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

Administrative cost history1
2024$34,820 · 1.33%
Same employer
Similar plansAccommodation & Food Services · Texas
Pepi Corporation TX$3.8M · 1.39%
Rgv Properties, Inc. TX$3.7M · 0.53%
C4 Pizza, LLC TX$2.9M · 0.74%
Bw at Rv Hotels Inc TX$2.8M · 0.96%
Yumi Ice Cream Co., Inc. TX$2.8M · 0.27%
R.E.E., Inc. TX$2.8M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660860390 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.