Plan Ledger DOL Form 5500 · updated monthly

Northcott Hospitality Int'l, LLC401(k)

NORTHCOTT HOSPITALITY INT'L 401(K) PSP · CHANHASSEN, MN · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Northcott Hospitality Int'l, LLC reported $3,115 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $336 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 2 years on file its reported administrative ratio fell from 0.07% to 0.05%. 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 Minnesota (1,448th of 1,918), and the 725th of 2,240 in accommodation & food services. In 2024, employees put in $3.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,057,667
Participants with balances137
Active participants292
Employer contributions$98,127
Employee contributions$299,210
Employer contribution per active participant$336
Average account balance$51,516
Benefits paid to participants$705,445
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 137 accts · $98K emplr
2023$6.6M · 127 accts · $78K emplr
2022$5.6M · 133 accts · $83K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,115
Total administrative$3,115
The Northcott Hospitality Int'l, LLC 401(k) match · 2024
Employer contribution per active participant$336
Median for plans this size$1,313
2024$336 per active participant
2023$245 per active participant
2022$289 per active participant

Northcott Hospitality Int'l, LLC'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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$48,370

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Northcott Hospitality Int'l, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,115 · 0.05%
2023$2,886 · 0.05%
2022$4,410 · 0.07%
Similar plansAccommodation & Food Services · Minnesota
D'Amico Holding Company MN$8.7M · 0.60%
Acr Restaurants, Inc. MN$7.0M · 0.99%
Grandma's Inc MN$5.1M · 0.49%
Seward Co-Op MN$4.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411988479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.