Plan Ledger DOL Form 5500 · updated monthly

Mr. Hospitality Group LLC401(k)

MR. HOSPITALITY 401(K) PLAN · MIAMI, FL · plan year 2022

Reported admin expense ratio · 2022
3.14%

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

Mr. Hospitality Group LLC reported $13,054 in plan administrative expenses for 2022: 3.14% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,784 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Florida (3,482nd of 3,644), and 1,891st of 2,240 in accommodation & food services. In 2022, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$534,990
Participants with balances69
Active participants90
Employer contributions$160,557
Employee contributions$228,313
Employer contribution per active participant$1,784
Average account balance$7,753
Benefits paid to participants$73,207
Plan auditUnmodified (clean) audit opinion
AuditorVERDEJA DE ARMAS TRUJILLO ALVAREZ
Administrative expenses, itemized · 2022
Investment management$5,134
Professional / advisory$7,920
Total administrative$13,054
The Mr. Hospitality Group LLC 401(k) match · 2022
Employer contribution per active participant$1,784
Median for plans this size$331

Mr. Hospitality Group LLC's 2022 employer contribution ran above the $331 median for plans its size, placing it in the top quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$13,054 · 3.14%
Similar plansAccommodation & Food Services · Florida
Bre/Dunes Owner, LLC FL$675K · 0.67%
Bmk Enterprises LLC FL$603K · 1.37%
Metro Services, LLC FL$601K · 0.52%
Fisheries, Inc. FL$478K · 0.24%
Valentino & Company, Inc. FL$418K · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833110650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.