Plan Ledger DOL Form 5500 · updated monthly

Hotel and Gaming Trades Council, Afl-Cio401(k)

NEW YORK HOTEL & MOTEL TRADES COUNCIL AFL-CIO, STAFF PENSION PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Hotel and Gaming Trades Council, Afl-Cio reported $27,488 in plan administrative expenses for 2024: 0.30% of average plan assets, below the peer median. Employer contributions averaged $7,741 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 0.28% to 0.30%. 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 New York (3,619th of 5,648), and the 561st of 2,240 in accommodation & food services. In 2024, the employer put in $1.82 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$9,918,035
Participants with balances131
Active participants72
Employer contributions$557,320
Employee contributions$305,712
Employer contribution per active participant$7,741
Average account balance$75,710
Benefits paid to participants$466,244
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 131 accts · $557K emplr
2023$8.4M · 131 accts · $566K emplr
2022$6.7M · 128 accts · $510K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,733
Investment management$1,755
Total administrative$27,488
The Hotel and Gaming Trades Council, Afl-Cio 401(k) match · 2024
Employer contribution per active participant$7,741
Median for plans this size$1,313
2024$7,741 per active participant
2023$7,857 per active participant
2022$6,796 per active participant

Hotel and Gaming Trades Council, Afl-Cio's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$25,733

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$27,488 · 0.30%
2023$21,527 · 0.29%
2022$20,605 · 0.28%
Similar plansAccommodation & Food Services · New York
Meyers Rv Superstore NY$11.0M · 0.73%
Ace Hotel Group, LLC NY$10.7M · 0.53%
Collegetown Bagels, Inc. NY$10.5M · 0.41%
Eos Hospitality, LLC NY$10.4M · 0.44%
Prime Group Holdings, LLC NY$9.9M · 0.84%
Hart Hotels, Inc. NY$9.7M · 0.51%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 131098484 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.