Plan Ledger DOL Form 5500 · updated monthly

Lowen Hospitality Management, LLC401(k)

LOWEN HOSPITALITY MANAGEMENT, LLC 401(K) PLAN · GRAPEVINE, TX · plan year 2022

Reported admin expense ratio · 2022
2.18%

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

Lowen Hospitality Management, LLC reported $12,189 in plan administrative expenses for 2022: 2.18% of average plan assets, higher than ~75% of peers. Employer contributions averaged $466 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 administrative & support services employers. By assets it is among the smaller plans on file in Texas (5,427th of 5,688), and 2,329th of 2,534 in administrative & support services. In 2022, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$558,895
Participants with balances73
Active participants120
Employer contributions$55,873
Employee contributions$75,487
Employer contribution per active participant$466
Average account balance$7,656
Benefits paid to participants$38,490
Plan auditUnmodified (clean) audit opinion
AuditorBROUSSARD & COMPANY, CPA'S LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$12,189
Total administrative$12,189
The Lowen Hospitality Management, LLC 401(k) match · 2022
Employer contribution per active participant$466
Median for plans this size$331

Lowen Hospitality Management, LLC'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$12,189 · 2.18%
Similar plansAdministrative & Support Services · Texas
B E & K Inc TX$638K · 1.18%
Jose Ernesto Salazar, LLC TX$574K · 0.29%
Bestica TX$480K · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752946797 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.