Plan Ledger DOL Form 5500 · updated monthly

Monarch Hospitality Group LLC401(k)

MONARCH HOSPITALITY GROUP LLC 401(K) PLAN · SCOTTSDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.76%

Monarch Hospitality Group LLC reported $3,010 in plan administrative expenses for 2024: 0.76% of average plan assets, below the peer median. 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 1.01% to 0.76%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Arizona (1,218th of 1,285), and 1,919th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$481,022
Participants with balances250
Active participants103
Employer contributions—
Employee contributions$165,399
Employer contribution per active participant—
Average account balance$1,924
Benefits paid to participants$31,194
Plan auditUnmodified (clean) audit opinion
AuditorWALLACE, PLESE + DREHER, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$481K · 250 accts
2023$313K · 217 accts
2022$155K · 168 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,214
Investment management$1,796
Total administrative$3,010
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
ADP, INC. · Loan processing · Recordkeeping$3,009

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
2023ADP

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Administrative cost history3
2024$3,010 · 0.76%
2023$1,791 · 0.77%
2022$1,441 · 1.01%
Similar plansAccommodation & Food Services · Arizona
Someburros, Inc. AZ$787K · 0.55%
White Bluff, Inc. AZ$581K · 0.71%
Civana, LLC AZ$531K · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463235190 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.