Plan Ledger DOL Form 5500 · updated monthly

Milestones Hospitality, LLC401(k)

MAKE IT NICE HOSPITALITY, LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.96%

Milestones Hospitality, LLC reported $27,322 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~75% of peers. 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 3 years on file its reported administrative ratio has held roughly steady near 0.96%. 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 New York (4,936th of 5,648), and 1,229th of 2,240 in accommodation & food services. active participation has grown from 50 to 91 since 2022.

Plan summary
Net assets, end of year$2,868,462
Participants with balances71
Active participants91
Employer contributions—
Employee contributions$50,555
Employer contribution per active participant—
Average account balance$40,401
Benefits paid to participants$396,825
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 71 accts
2023$2.8M · 125 accts
2022$2.4M · 131 accts
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 · 20244
MERRILL LYNCH PIERCE FENNER & .00 S · Investment advisory (plan)indirect comp
EMPOWER ADVISORY GROUP, LLC · Investment managementindirect comp
NATIONAL BENEFIT SERVICES INC · Contract administratorindirect comp

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

Administrative cost history3
2024$27,322 · 0.96%
2023$24,789 · 0.95%
2022$26,675 · 0.97%
Similar plansAccommodation & Food Services · New York
Momomilk, LLC NY$3.0M · 0.13%
Mark 2 Restaurant NY$3.0M · 1.39%
Noho Hospitality, LLC NY$2.8M · 1.26%
Tar Enterprises NY$2.5M · 0.38%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 452916908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.