Plan Ledger DOL Form 5500 · updated monthly

M&C Hotel Interests, Inc.401(k)

MILLENNIUM 401(K) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

M&C Hotel Interests, Inc. reported $207,527 in plan administrative expenses for 2024: 0.41% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,363 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 fell from 0.48% to 0.41%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 237th-largest of 1,461 plans among Colorado employers on file, and the 138th of 2,240 in accommodation & food services. In 2024, employees put in $2.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,939,007
Participants with balances1,041
Active participants420
Employer contributions$572,337
Employee contributions$1,287,938
Employer contribution per active participant$1,363
Average account balance$48,933
Benefits paid to participants$6,582,777
Plan auditUnmodified (clean) audit opinion
AuditorKFINANCIAL
Plan history3
Yearassets · accounts · employer contribution
2024$50.9M · 1,041 accts · $572K emplr
2023$49.6M · 882 accts · $369K emplr
2022$47.8M · 1,158 accts · $608K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,364
Investment management$64,760
Audit (IQPA)$45,403
Total administrative$207,527
The M&C Hotel Interests, Inc. 401(k) match · 2024
Employer contribution per active participant$1,363
Median for plans this size$3,635
2024$1,363 per active participant
2023$1,646 per active participant
2022$1,428 per active participant

M&C Hotel Interests, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20245
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$97,364
MORGAN STANLEY · Investment advisory (plan)$49,286
ALVAREZ & MARSAL HOLDINGS LLC DBA A · Consulting$27,403
K FINANCIAL INC · Accounting / audit$18,000
EMPOWER ADVISORY GROUP, LLC · Investment management$12,474

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$207,527 · 0.41%
2023$233,008 · 0.48%
2022$268,658 · 0.48%
Same employer
Similar plansAccommodation & Food Services · Colorado
Northwood Investors LLC CO$74.1M · 0.21%
Oklahoma Publishing Co. CO$55.8M · 0.19%
Inspirato LLC CO$43.4M · 0.28%
Exclusive Resorts, LLC CO$30.9M · 0.27%
Noodles & Company CO$25.5M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841184493 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.