Plan Ledger DOL Form 5500 · updated monthly

Kaj Hospitality401(k)

KAJ HOSPITALITY HOTEL 401(K) PLAN · SIOUX FALLS, SD · plan year 2022

Reported admin expense ratio · 2022
0.41%

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

Kaj Hospitality reported $3,362 in plan administrative expenses for 2022: 0.41% of average plan assets, below the peer median. Employer contributions averaged $384 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in South Dakota (225th of 233), and 1,737th of 2,240 in accommodation & food services. In 2022, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$970,978
Participants with balances65
Active participants168
Employer contributions$64,455
Employee contributions$116,390
Employer contribution per active participant$384
Average account balance$14,938
Benefits paid to participants$27,739
Plan auditUnmodified (clean) audit opinion
AuditorELO PROF LLC
The Kaj Hospitality 401(k) match · 2022
Employer contribution per active participant$384
Median for plans this size$331

Kaj Hospitality's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,362 · 0.41%
Same employer
Similar plansAccommodation & Food Services · South Dakota
Lunchtime Solutions, Inc. SD$4.1M · 0.71%
Taco John's of Iowa, Inc. SD$3.5M · 0.69%
Heroes, Inc. SD$2.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462589716 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.