Plan Ledger DOL Form 5500 · updated monthly

Historic Hotels of Nashville, LLC401(k)

HISTORIC HOTELS 401(K) PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
1.05%

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

Historic Hotels of Nashville, LLC reported $64,947 in plan administrative expenses for 2024: 1.05% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,016 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 0.65% to 1.05%. 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 Tennessee (975th of 1,496), and the 750th of 2,240 in accommodation & food services. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has shrunk from 467 to 358 since 2022.

Plan summary
Net assets, end of year$6,701,997
Participants with balances358
Active participants358
Employer contributions$363,797
Employee contributions$681,213
Employer contribution per active participant$1,016
Average account balance$18,721
Benefits paid to participants$614,922
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 358 accts · $364K emplr
2023$5.6M · $323K emplr
2022$4.3M · 346 accts · $252K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,947
Total administrative$64,947
The Historic Hotels of Nashville, LLC 401(k) match · 2024
Employer contribution per active participant$1,016
Median for plans this size$1,313
2024$1,016 per active participant
2023$854 per active participant
2022$540 per active participant

Historic Hotels of Nashville, LLC's 2024 employer contribution ran below the $1,313 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 · 20243
RETIREMENT PLAN SOLUTIONS INC · Contract administrator$23,751
MAGGART & ASSOCIATES PC · Accounting / audit$10,389

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$64,947 · 1.05%
2023$25,518 · 0.51%
2022$29,803 · 0.65%
Similar plansAccommodation & Food Services · Tennessee
Charter Foods Inc. TN$9.8M · 0.86%
Belz Hotel Group, LLC TN$9.0M · 0.58%
Jrn, Inc. TN$8.1M · 0.03%
Wtc Wend TN$4.7M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541991824 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.