Plan Ledger DOL Form 5500 · updated monthly

Hospitality Restaurant Group, Inc.401(k)

HOSPITALITY RESTAURANT GROUP, INC. 401(K) PLAN · TRAVERSE CITY, MI · plan year 2024

Reported admin expense ratio · 2024
1.63%

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

Hospitality Restaurant Group, Inc. reported $83,439 in plan administrative expenses for 2024: 1.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $31 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 1.47% to 1.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (1,979th of 2,619), and 9,711th of 11,654 in professional & technical services. In 2024, employees put in $10.06 for every $1.00 the employer contributed; active participation has shrunk from 2,366 to 2,058 since 2022.

Plan summary
Net assets, end of year$5,220,006
Participants with balances260
Active participants2,058
Employer contributions$63,241
Employee contributions$636,033
Employer contribution per active participant$31
Average account balance$20,077
Benefits paid to participants$925,423
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 260 accts · $63K emplr
2023$5.0M · 330 accts · $69K emplr
2022$4.3M · 318 accts · $57K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,658
Investment management$11,781
Total administrative$83,439
The Hospitality Restaurant Group, Inc. 401(k) match · 2024
Employer contribution per active participant$31
Median for plans this size$1,313
2024$31 per active participant
2023$35 per active participant
2022$24 per active participant

Hospitality Restaurant Group, Inc.'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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$71,643
TAILORED FINANCIAL SERVICES, LLC · Investment advisory (plan)$11,781

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$83,439 · 1.63%
2023$71,616 · 1.55%
2022$70,615 · 1.47%
Same employer
Similar plansProfessional & Technical Services · Michigan
Ansara Corporation MI$5.8M · 0.13%
Nuspire LLC MI$5.6M · 0.18%
Oakland Automation, LLC MI$5.2M · 0.74%
Tti Global, Inc. MI$5.0M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383632404 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.