Plan Ledger DOL Form 5500 · updated monthly

Maybourne Beverly Hills Operator LLC401(k)

MAYBOURNE BEVERLY HILLS OPERATOR LLC 401(K) PLAN · BEVERLY HILLS, CA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Maybourne Beverly Hills Operator LLC reported $31,549 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $1,430 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 0.39% to 0.46%. 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 California (5,981st of 9,483), and the 669th of 2,240 in accommodation & food services. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has grown from 414 to 509 since 2022.

Plan summary
Net assets, end of year$8,094,615
Participants with balances350
Active participants509
Employer contributions$727,772
Employee contributions$1,479,798
Employer contribution per active participant$1,430
Average account balance$23,127
Benefits paid to participants$702,490
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 350 accts · $728K emplr
2023$5.7M · 284 accts · $574K emplr
2022$3.4M · 243 accts · $476K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,011
Total administrative$31,549
The Maybourne Beverly Hills Operator LLC 401(k) match · 2024
Employer contribution per active participant$1,430
Median for plans this size$1,313
2024$1,430 per active participant
2023$1,251 per active participant
2022$1,150 per active participant

Maybourne Beverly Hills Operator LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
CHANNEL WEALTH LLC · Recordkeeping · Trustee$20,393
ADP, INC. · Recordkeeping · Investment advisory (participants)$11,154

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, CHANNEL WEALTH LLC
2023ADP, CHANNEL WEALTH LLC

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Administrative cost history3
2024$31,549 · 0.46%
2023$20,136 · 0.44%
2022$11,612 · 0.39%
Same employer
Similar plansAccommodation & Food Services · California
Meadowood Resort, LLC CA$9.0M · 0.05%
Polly's, Inc. CA$7.9M · 0.14%
Zero Cater, Inc. CA$7.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 845001293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.