Plan Ledger DOL Form 5500 · updated monthly

Omni Hotels Management Corporation401(k)

OMNI HOTELS 401(K) RETIREMENT SAVINGS PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Omni Hotels Management Corporation reported $356,531 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $615 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 0.21% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 328th-largest of 5,688 plans among Texas employers on file, and the 38th of 2,240 in accommodation & food services. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has grown from 13,325 to 16,009 since 2022.

Plan summary
Net assets, end of year$258,100,410
Participants with balances5,860
Active participants16,009
Employer contributions$9,844,820
Employee contributions$19,917,258
Employer contribution per active participant$615
Average account balance$44,044
Benefits paid to participants$37,990,132
Plan auditUnmodified (clean) audit opinion
AuditorFARMER FUQUA & HUFF, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$258.1M · 5,860 accts · $9.8M emplr
2023$235.2M · 5,925 accts · $8.7M emplr
2022$189.6M · 5,445 accts · $5.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$356,531
Total administrative$356,531
The Omni Hotels Management Corporation 401(k) match · 2024
Employer contribution per active participant$615
Median for plans this size$3,635
2024$615 per active participant
2023$491 per active participant
2022$388 per active participant

Omni Hotels Management Corporation's 2024 employer contribution ran below the $3,635 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 · 20243
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$333,968
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$139,244
STEPTOE & JOHNSON PLLC · Contract administrator$5,513

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$356,531 · 0.14%
2023$380,495 · 0.18%
2022$429,669 · 0.21%
Same employer
Similar plansAccommodation & Food Services · Texas
Brinker International, Inc. TX$564.6M · 0.14%
Aimbridge Parent, Inc TX$470.1M · 0.13%
Aimbridge Parent, Inc TX$424.1M · 0.16%
Whataburger Restaurants LLC TX$262.0M · 0.51%
Sky Chefs, Inc. TX$256.7M · 0.20%
Fertitta Entertainment, Inc. TX$181.4M · 0.36%
Highgate Hotels, L.P. TX$171.0M · 0.36%
Raising Cane's USA, LLC TX$108.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020325957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.