Plan Ledger DOL Form 5500 · updated monthly

Newrest USA Holdings, Inc.401(k)

NEWREST USA HOLDINGS, INC. 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
2.21%

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

Newrest USA Holdings, Inc. reported $58,674 in plan administrative expenses for 2024: 2.21% of average plan assets, higher than ~90% of peers. Employer contributions averaged $279 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 3 years on file its reported administrative ratio has held roughly steady near 2.21%. 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 Georgia (1,791st of 2,160), and 1,138th of 2,240 in accommodation & food services. In 2024, employees put in $2.69 for every $1.00 the employer contributed; active participation has grown from 1,172 to 1,984 since 2022.

Plan summary
Net assets, end of year$3,343,468
Participants with balances550
Active participants1,984
Employer contributions$554,190
Employee contributions$1,489,920
Employer contribution per active participant$279
Average account balance$6,079
Benefits paid to participants$938,637
Plan auditUnmodified (clean) audit opinion
AuditorLARSON CERTIFIEDPUBLICACCOUNTANT
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 550 accts · $554K emplr
2023$2.0M · 405 accts · $101K emplr
2022$999K · 294 accts · $74K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,877
Investment management$12,797
Total administrative$58,674
The Newrest USA Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$279
Median for plans this size$1,313
2024$279 per active participant
2023$62 per active participant
2022$64 per active participant

Newrest USA Holdings, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ADP, INC. · Loan processing · Recordkeeping$45,877
ROYAL ALLIANCE ASSOCIATES, INC. · Recordkeeping · Trustee$12,797

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, ROYAL ALLIANCE ASSOCIATES, INC.
2023ADP, ROYAL ALLIANCE ASSOCIATES, INC.

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Administrative cost history3
2024$58,674 · 2.21%
2023$27,538 · 1.86%
2022$17,241 · 2.27%
Same employer
Similar plansAccommodation & Food Services · Georgia
Falcons Management LLC GA$3.3M · 0.81%
Fado Pubs, Inc GA$3.3M · 0.61%
Park Springs, LLC GA$3.1M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822927852 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.