Plan Ledger DOL Form 5500 · updated monthly

Old Edwards Hospitality Group, LLC401(k)

OLD EDWARDS HOSPITALITY GROUP 401(K) PLAN · HIGHLANDS, NC · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Old Edwards Hospitality Group, LLC reported $48,143 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $861 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 0.81%. 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 North Carolina (1,350th of 2,005), and the 773rd of 2,240 in accommodation & food services. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 235 to 271 since 2022.

Plan summary
Net assets, end of year$6,379,071
Participants with balances136
Active participants271
Employer contributions$233,374
Employee contributions$429,383
Employer contribution per active participant$861
Average account balance$46,905
Benefits paid to participants$596,105
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 136 accts · $233K emplr
2023$5.6M · 141 accts · $247K emplr
2022$4.6M · 144 accts · $237K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,777
Investment management$1,206
Total administrative$48,143
The Old Edwards Hospitality Group, LLC 401(k) match · 2024
Employer contribution per active participant$861
Median for plans this size$1,313
2024$861 per active participant
2023$965 per active participant
2022$1,009 per active participant

Old Edwards Hospitality Group, LLC's 2024 employer contribution ran below the $1,313 median for plans its size. 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
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$1,830
WILSHIRE ASSOCIATES, INC. (USA) · Investment advisory (participants)$1,206

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$48,143 · 0.81%
2023$40,714 · 0.80%
2022$39,653 · 0.78%
Same employer
Similar plansAccommodation & Food Services · North Carolina
Carmel Country Club, Inc. NC$8.9M · 0.31%
Sree Hotels, LLC NC$8.8M · 0.86%
Wdi Hospitality LLC NC$7.5M · 1.12%
McAndersons Inc. NC$5.6M · 0.26%
Bullard Enterprises LLC NC$5.3M · 0.85%
Winston Hospitality, Inc. NC$4.4M · 0.42%
Phoenix Taco LLC NC$4.1M · 1.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562320950 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.