Plan Ledger DOL Form 5500 · updated monthly

Hotels Unlimited, Inc.401(k)

HOTELS UNLIMITED, INC. & AFFILIATES 401(K) PLAN · EAST WINDSOR, NJ · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Hotels Unlimited, Inc. reported $39,682 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $1,018 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 0.45%. 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 Jersey (1,551st of 2,419), and the 583rd of 2,240 in accommodation & food services. In 2024, employees put in $1.65 for every $1.00 the employer contributed; active participation has grown from 257 to 293 since 2022.

Plan summary
Net assets, end of year$9,500,379
Participants with balances152
Active participants293
Employer contributions$298,313
Employee contributions$493,618
Employer contribution per active participant$1,018
Average account balance$62,502
Benefits paid to participants$341,515
Plan auditUnmodified (clean) audit opinion
AuditorWILKEN & GUTTENPLAN
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 152 accts · $298K emplr
2023$8.0M · 160 accts · $265K emplr
2022$6.5M · 160 accts · $261K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,708
Investment management$7,463
Trustee / custodial$28,511
Total administrative$39,682
The Hotels Unlimited, Inc. 401(k) match · 2024
Employer contribution per active participant$1,018
Median for plans this size$1,313
2024$1,018 per active participant
2023$985 per active participant
2022$1,017 per active participant

Hotels Unlimited, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size. 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
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$32,219
ALERUS INVESTMENT ADVISORS, INC · Investment advisory (participants) · Investment advisory (plan)$7,463

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$39,682 · 0.45%
2023$34,379 · 0.47%
2022$21,777 · 0.32%
Same employer
Similar plansAccommodation & Food Services · New Jersey
Briad Wenco, LLC NJ$12.3M · 0.95%
Pomptonian Inc. NJ$12.1M · 0.02%
Dgmb Casino, LLC NJ$12.0M · 0.94%
Nuop Corporation NJ$10.2M · 0.74%
Market Basket NJ$9.1M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223260462 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.