Plan Ledger DOL Form 5500 · updated monthly

Hotel Valencia Corporation401(k)

HOTEL VALENCIA CORPORATION 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Hotel Valencia Corporation reported $35,476 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $476 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 0.36% to 0.42%. 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 Texas (3,176th of 5,688), and the 600th of 2,240 in accommodation & food services. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has grown from 494 to 571 since 2022.

Plan summary
Net assets, end of year$9,232,679
Participants with balances185
Active participants571
Employer contributions$272,035
Employee contributions$577,295
Employer contribution per active participant$476
Average account balance$49,906
Benefits paid to participants$503,889
Plan auditUnmodified (clean) audit opinion
AuditorDESROCHES PARTNERS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 185 accts · $272K emplr
2023$7.8M · 177 accts · $229K emplr
2022$6.9M · 175 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,476
Total administrative$35,476
The Hotel Valencia Corporation 401(k) match · 2024
Employer contribution per active participant$476
Median for plans this size$1,313
2024$476 per active participant
2023$490 per active participant

Hotel Valencia Corporation'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
AMERICAN UNITED LIFE INSURANCE CO. · Recordkeeping · Loan processing$1,772
NORTHWESTERN MUTUAL WM · Investment advisory (participants) · Investment advisory (plan)$34,254

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$35,476 · 0.42%
2023$28,884 · 0.39%
2022$28,275 · 0.36%
Similar plansAccommodation & Food Services · Texas
Southern Multifoods, Inc. TX$12.6M · 0.08%
Collinson, Inc TX$11.7M · 0.02%
Goode Cook, Inc. TX$8.6M · 0.66%
Ampex Brands TX$8.6M · 0.71%
Intelligent Brands, Inc. TX$8.5M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760649836 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.