Plan Ledger DOL Form 5500 · updated monthly

Landmark Hotel Group, LLC401(k)

LANDMARK HOTEL GROUP 401(K) PLAN · VIRGINIA BEACH, VA · plan year 2023

Reported admin expense ratio · 2023
1.28%

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

Landmark Hotel Group, LLC reported $27,173 in plan administrative expenses for 2023: 1.28% of average plan assets, higher than ~90% of peers. Employer contributions averaged $460 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 1 year on file its reported administrative ratio fell from 1.50% to 1.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Virginia (2,047th of 2,266), and 1,334th of 2,240 in accommodation & food services. In 2023, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,378,782
Participants with balances95
Active participants172
Employer contributions$79,180
Employee contributions$182,393
Employer contribution per active participant$460
Average account balance$25,040
Benefits paid to participants$319,403
Plan auditUnmodified (clean) audit opinion
AuditorCORBIN & COMPANY, PC
Plan history2
Yearassets · accounts · employer contribution
2023$2.4M · 95 accts · $79K emplr
2022$1.9M · 103 accts · $88K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,646
Audit (IQPA)$8,527
Total administrative$27,173
The Landmark Hotel Group, LLC 401(k) match · 2023
Employer contribution per active participant$460
Median for plans this size$1,308
2023$460 per active participant
2022$532 per active participant

Landmark Hotel Group, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK LIFE INSURANCE CO USA · Contract administrator · Recordkeeping$650
CORBIN & COMPANY, PC · Accounting / audit$8,527

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

Administrative cost history2
2023$27,173 · 1.28%
2022$29,741 · 1.50%
Same employer
Similar plansAccommodation & Food Services · Virginia
Harmony Hospitality, Inc. VA$4.1M · 0.55%
Atlantic Coast Dining Inc VA$2.4M · 0.05%
McOffice, LLC VA$2.3M · 1.19%
Rochelle Holding Company VA$2.3M · 0.42%
Catie Food Systems Inc VA$2.2M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 542046324 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.