Plan Ledger DOL Form 5500 · updated monthly

Hotel Investment Services, Inc401(k)

HOTEL INVESTMENT SERVICES 401(K) PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Hotel Investment Services, Inc reported $27,310 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $92 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 0.02% to 0.61%. 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 (2,030th of 2,619), and 9,875th of 11,654 in professional & technical services. In 2024, employees put in $9.05 for every $1.00 the employer contributed; active participation has grown from 302 to 551 since 2022.

Plan summary
Net assets, end of year$4,798,586
Participants with balances163
Active participants551
Employer contributions$50,591
Employee contributions$458,002
Employer contribution per active participant$92
Average account balance$29,439
Benefits paid to participants$657,289
Plan auditUnmodified (clean) audit opinion
AuditorLOTITO & LAZZARA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 163 accts · $51K emplr
2023$4.1M · 120 accts · $42K emplr
2022$3.5M · 116 accts · $27K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,840
Investment management$7,470
Total administrative$27,310
The Hotel Investment Services, Inc 401(k) match · 2024
Employer contribution per active participant$92
Median for plans this size$1,313
2024$92 per active participant
2023$191 per active participant
2022$90 per active participant

Hotel Investment Services, 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$19,840

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$27,310 · 0.61%
2023$1,913 · 0.05%
2022$985 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Michigan
Oakland Automation, LLC MI$5.2M · 0.74%
Tti Global, Inc. MI$5.0M · 0.96%
Interclean Equipment, LLC MI$4.5M · 0.80%
Quest Solutions, LLC MI$4.5M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382945002 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.