Plan Ledger DOL Form 5500 · updated monthly

Parched Hospitality Group, Inc.401(k)

PARCHED HOSPITALITY GROUP INC. 401(K) PLAN · BROOKLYN, NY · plan year 2022

Reported admin expense ratio · 2022
16.98%

Parched Hospitality Group, Inc. reported $15,725 in plan administrative expenses for 2022: 16.98% 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (5,572nd of 5,648), and 2,094th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$142,507
Participants with balances171
Active participants223
Employer contributions—
Employee contributions$137,336
Employer contribution per active participant—
Average account balance$833
Benefits paid to participants$10,876
Plan auditUnmodified (clean) audit opinion
AuditorHMM, CPAS LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$143K · 171 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,327
Investment management$1,309
Total administrative$15,725
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$15,725 · 16.98%
Similar plansAccommodation & Food Services · New York
Luxury Dining Group LLC NY$192K · 1.74%
Jaleo Management LLC NY$179K · 0.45%
Mpc Foods, Inc. NY$167K · 0.60%
SA Hospitality Group LLC NY$143K · 0.12%
The Grey Dog NY$34K · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 852680446 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.