Plan Ledger DOL Form 5500 · updated monthly

Noho Hospitality, LLC401(k)

NOHO HOSPITALITY 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
1.26%

Noho Hospitality, LLC reported $32,982 in plan administrative expenses for 2024: 1.26% of average plan assets, higher than ~90% 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 1.26%. 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 (4,946th of 5,648), and 1,237th of 2,240 in accommodation & food services. active participation has grown from 454 to 586 since 2022.

Plan summary
Net assets, end of year$2,831,723
Participants with balances264
Active participants586
Employer contributions—
Employee contributions$290,036
Employer contribution per active participant—
Average account balance$10,726
Benefits paid to participants$143,376
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 264 accts
2023$2.4M · 266 accts
2022$2.0M · 292 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,982
Total administrative$32,982
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 · 20243
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$18,374
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$14,608
MML INVESTORS SERVICES, LLC · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica

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Administrative cost history3
2024$32,982 · 1.26%
2023$29,944 · 1.36%
2022$30,914 · 1.32%
Same employer
Similar plansAccommodation & Food Services · New York
Mark 2 Restaurant NY$3.0M · 1.39%
Tar Enterprises NY$2.5M · 0.38%
Visions Hotels, LLC NY$2.5M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461151619 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.