Plan Ledger DOL Form 5500 · updated monthly

Hospitality Partners, LLC401(k)

HOSPITALITY PARTNERS 401(K) PLAN · BETHESDA, MD · plan year 2022

Reported admin expense ratio · 2022
0.32%

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

Hospitality Partners, LLC reported $20,916 in plan administrative expenses for 2022: 0.32% of average plan assets, below the peer median. Employer contributions averaged $303 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 0.32% to 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Maryland (1,218th of 1,671), and the 803rd of 2,240 in accommodation & food services. In 2022, employees put in $4.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,877,099
Participants with balances112
Active participants143
Employer contributions$43,309
Employee contributions$183,982
Employer contribution per active participant$303
Average account balance$52,474
Benefits paid to participants$288,928
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 96 accts · $80K emplr
2023$5.3M · 108 accts · $73K emplr
2022$5.9M · 112 accts · $43K emplr
The Hospitality Partners, LLC 401(k) match · 2022
Employer contribution per active participant$303
Median for plans this size$1,114
2024$739 per active participant
2023$820 per active participant
2022$303 per active participant

Hospitality Partners, LLC's 2022 employer contribution ran below the $1,114 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 history3
2024$47,342 · 0.87%
2023$17,325 · 0.31%
2022$20,916 · 0.32%
Same employer
Similar plansAccommodation & Food Services · Maryland
Martins, Inc. MD$8.3M · 0.03%
Chesapeake Hospitality MD$7.8M · 0.59%
Janjer Enterprises, Inc. MD$7.1M · 1.61%
Rod N Reel, Inc. MD$5.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232435492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.