Plan Ledger DOL Form 5500 · updated monthly

McGuire Moorman Hospitality, LLC401(k)

MCGUIRE MOORMAN HOSPITALITY 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

McGuire Moorman Hospitality, LLC reported $36,858 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,299 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 1.40% to 0.89%. 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 Texas (4,078th of 5,688), and the 894th of 2,240 in accommodation & food services. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,927,910
Participants with balances261
Active participants220
Employer contributions$505,880
Employee contributions$1,000,625
Employer contribution per active participant$2,299
Average account balance$18,881
Benefits paid to participants$429,251
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 261 accts · $506K emplr
2023$3.3M · 238 accts · $430K emplr
2022$1.9M · 180 accts · $424K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,858
Total administrative$36,858
The McGuire Moorman Hospitality, LLC 401(k) match · 2024
Employer contribution per active participant$2,299
Median for plans this size$1,313
2024$2,299 per active participant
2023$1,956 per active participant
2022$2,010 per active participant

McGuire Moorman Hospitality, 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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$36,858

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

Recordkeeper by year2
2024Alerus
2023Alerus

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Administrative cost history3
2024$36,858 · 0.89%
2023$26,993 · 1.03%
2022$21,052 · 1.40%
Same employer
Similar plansAccommodation & Food Services · Texas
Mtc Inc. TX$5.7M · 1.21%
Prism Hospitality LP TX$5.2M · 0.56%
Sli Enterprises, Inc. TX$5.0M · 0.72%
Pei Wei Asian Diner, LLC TX$4.7M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454281408 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.