Plan Ledger DOL Form 5500 · updated monthly

Park Intermediate Holdings LLC401(k)

PARK HOTELS & RESORTS 401(K) PLAN · MCLEAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Park Intermediate Holdings LLC reported $23,297 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,884 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 rose from 0.06% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 766th-largest of 2,266 plans among Virginia employers on file, and the 212th of 2,240 in accommodation & food services. In 2024, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,596,804
Participants with balances250
Active participants110
Employer contributions$757,240
Employee contributions$1,485,179
Employer contribution per active participant$6,884
Average account balance$114,387
Benefits paid to participants$2,056,436
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.6M · 250 accts · $757K emplr
2023$24.9M · 172 accts · $1.1M emplr
2022$18.9M · 181 accts · $566K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,232
Investment management$65
Total administrative$23,297
The Park Intermediate Holdings LLC 401(k) match · 2024
Employer contribution per active participant$6,884
Median for plans this size$2,416
2024$6,884 per active participant
2023$9,910 per active participant
2022$4,840 per active participant

Park Intermediate Holdings LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$23,239

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$23,297 · 0.09%
2023$21,427 · 0.10%
2022$12,317 · 0.06%
Similar plansAccommodation & Food Services · Virginia
Cca Industries, Inc. VA$139.1M · 0.20%
Gate Gourmet, Inc. VA$101.0M · 0.21%
Guest Services, Inc. VA$39.6M · 0.49%
Ssp America, Inc. VA$26.1M · 0.46%
Hilton International LLC VA$23.6M · 0.06%
Uva Host Properties, Inc. VA$12.8M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352485858 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.