Plan Ledger DOL Form 5500 · updated monthly

Hlc Hotels, Inc.401(k)

HLC HOTELS AND RELATED ENTITIES 401(K) PLAN · SAVANNAH, GA · plan year 2022

Reported admin expense ratio · 2022
0.23%

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

Hlc Hotels, Inc. reported $2,094 in plan administrative expenses for 2022: 0.23% of average plan assets, lower than ~75% of peers. Employer contributions averaged $543 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 Georgia (2,050th of 2,160), and 1,747th of 2,240 in accommodation & food services. In 2022, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$934,830
Participants with balances67
Active participants145
Employer contributions$78,713
Employee contributions$165,724
Employer contribution per active participant$543
Average account balance$13,953
Benefits paid to participants$43,491
Plan auditUnmodified (clean) audit opinion
AuditorHANCOCK ASKEW & CO., LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,084
Investment management$10
Total administrative$2,094
The Hlc Hotels, Inc. 401(k) match · 2022
Employer contribution per active participant$543
Median for plans this size$331

Hlc Hotels, Inc.'s 2022 employer contribution ran above the $331 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$2,094 · 0.23%
Similar plansAccommodation & Food Services · Georgia
Oxford Foods, Inc. GA$1.4M · 2.78%
Apsilon Hotels, LLC GA$1.1M · 0.30%
Hoover Foods Inc GA$787K · 0.26%
Mountain Star, LLC GA$687K · 0.16%
Bgac, LLC GA$568K · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581870519 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.