Plan Ledger DOL Form 5500 · updated monthly

Lodgco Management, LLC401(k)

LODGCO MANAGEMENT, LLC 401(K) PLAN · MT PLEASANT, MI · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Lodgco Management, LLC reported $6,779 in plan administrative expenses for 2024: 0.20% of average plan assets, lower than ~75% of peers. Employer contributions averaged $516 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 0.13% to 0.20%. 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 Michigan (2,166th of 2,619), and the 1,068th of 2,240 in accommodation & food services. In 2024, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,698,728
Participants with balances153
Active participants405
Employer contributions$208,912
Employee contributions$368,728
Employer contribution per active participant$516
Average account balance$24,175
Benefits paid to participants$421,866
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 153 accts · $209K emplr
2023$3.0M · 145 accts · $226K emplr
2022$2.5M · 119 accts · $184K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,779
Total administrative$6,779
The Lodgco Management, LLC 401(k) match · 2024
Employer contribution per active participant$516
Median for plans this size$1,313
2024$516 per active participant
2023$625 per active participant
2022$477 per active participant

Lodgco Management, LLC'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
ADP, INC. · Recordkeeping · Investment advisory (participants)$6,779

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$6,779 · 0.20%
2023$4,010 · 0.15%
2022$3,917 · 0.13%
Same employer
Similar plansAccommodation & Food Services · Michigan
Michigan Pizza Hut, Inc. MI$4.4M · 0.83%
Weber's, Inc. MI$4.4M · 0.40%
Ebels Family Center, Inc. MI$3.9M · 0.06%
Sizzlin 5, Inc. MI$3.3M · 0.79%
Amerilodge Group MI$3.1M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383363964 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.