Plan Ledger DOL Form 5500 · updated monthly

Liberty Hospitality Partners, L.P.401(k)

LIBERTY HOSPITALITY PARTNERS, L.P. 401(K) PLAN · WILLIAMSPORT, PA · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Liberty Hospitality Partners, L.P. reported $45,739 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $329 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 0.25% to 0.74%. 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 Pennsylvania (2,706th of 3,651), and 9,262nd of 11,654 in professional & technical services. In 2024, employees put in $4.82 for every $1.00 the employer contributed; active participation has grown from 266 to 346 since 2022.

Plan summary
Net assets, end of year$6,361,260
Participants with balances253
Active participants346
Employer contributions$113,758
Employee contributions$548,060
Employer contribution per active participant$329
Average account balance$25,143
Benefits paid to participants$986,743
Plan auditUnmodified (clean) audit opinion
AuditorLARSON, KELLETT AND ASSOC., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 253 accts · $114K emplr
2023$6.0M · 225 accts · $99K emplr
2022$4.7M · 218 accts · $87K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,739
Total administrative$45,739
The Liberty Hospitality Partners, L.P. 401(k) match · 2024
Employer contribution per active participant$329
Median for plans this size$1,313
2024$329 per active participant
2023$357 per active participant
2022$327 per active participant

Liberty Hospitality Partners, L.P.'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$3,437

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$45,739 · 0.74%
2023$45,749 · 0.86%
2022$14,261 · 0.25%
Similar plansProfessional & Technical Services · Pennsylvania
Branding Brand, Inc. PA$6.6M · 1.17%
Pegasus Transtech, LLC PA$6.6M · 0.13%
Digioia, Gray PA$6.6M · 0.19%
Heart + Paw, LLC PA$6.0M · 0.88%
Noble Biomaterials, Inc. PA$5.9M · 0.04%
Fluidedge Consulting, LLC PA$5.8M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251896630 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.