What are the fees in the Montgomery Inn, Inc. 401(k) plan?

For plan year 2022, Montgomery Inn, Inc. reported $23,056 in plan administrative expenses, or 0.52% of average plan assets — above the peer median. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Montgomery Inn, Inc. 401(k)?

The average participant account balance was $74,328 for plan year 2022, based on 61 accounts.

Montgomery Inn, Inc.401(k)

Name: Montgomery Inn, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

MONTGOMERY INN, INC. PROFIT SHARING PLAN · CINCINNATI, OH · plan year 2022

Reported admin expense ratio · 2022

0.52%

Montgomery Inn, Inc. reported $23,056 in plan administrative expenses for 2022: 0.52% of average plan assets, above 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Ohio (2,606th of 3,295), and the 943rd of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$4,534,009
Participants with balances61
Active participants101
Employer contributions—
Employee contributions$139,877
Employer contribution per active participant—
Average account balance$74,328
Benefits paid to participants$618,973
Plan auditUnmodified (clean) audit opinion
AuditorBLUE AND CO. LLC

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$23,056 · 0.52%

Similar plansAccommodation & Food Services · Ohio
Bkk Management Co., Inc. & Affiliated Companies OH$5.3M · 0.37%
Grube, Inc. OH$5.2M · 0.23%
Restaurant Management, Inc. OH$5.0M · 0.04%
Rda Management, Inc. OH$4.6M · 0.50%
Shibley Management, Inc. OH$4.4M · 0.78%
Holowicki Enterprises dba McDonalds OH$4.3M · 1.20%
Cassanos, Inc. OH$4.2M · 1.07%
3RD Gen Mojo, LLC OH$4.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310970090 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.