Plan Ledger DOL Form 5500 · updated monthly

Peninsula Hotel Chicago, LLC401(k)

PENINSULA HOTELS 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Peninsula Hotel Chicago, LLC reported $263,513 in plan administrative expenses for 2024: 0.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,861 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 0.423%. 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 746th-largest of 3,702 plans among Illinois employers on file, and the 117th of 2,240 in accommodation & food services. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has grown from 520 to 596 since 2022.

Plan summary
Net assets, end of year$66,241,835
Participants with balances650
Active participants596
Employer contributions$1,705,055
Employee contributions$3,021,289
Employer contribution per active participant$2,861
Average account balance$101,911
Benefits paid to participants$5,183,274
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$66.2M · 650 accts · $1.7M emplr
2023$58.4M · 618 accts · $1.5M emplr
2022$50.7M · 589 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$263,513
Total administrative$263,513
The Peninsula Hotel Chicago, LLC 401(k) match · 2024
Employer contribution per active participant$2,861
Median for plans this size$3,635
2024$2,861 per active participant
2023$2,667 per active participant
2022$2,625 per active participant

Peninsula Hotel Chicago, LLC's 2024 employer contribution ran below the $3,635 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 · 20246
JOHN HANCOCK LIFE INS. CO USA · Recordkeeping · Investment management$5,439
JOHN HANCOCK LIFE INS. CO NY · Recordkeeping · Investment management$1,202
FIELD OLSON$62,952
TAX SHELTERED COMPENSATION, INC. · Contract administrator$32,001
ABDO, LLP · Accounting / audit$27,000
WILSHIRE ASSOCIATES · Investment advisory (participants)$12,720

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$263,513 · 0.42%
2023$237,342 · 0.44%
2022$240,107 · 0.42%
Same employer
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Hyatt Corporation IL$2.5B · 0.05%
Grubhub Holdings Inc. IL$219.2M · 0.16%
Flying Food Fare, Inc. IL$87.6M · 0.41%
Michael Lewis Company IL$44.7M · 0.12%
Malnati Organization, LLC IL$28.5M · 0.30%
Portillo's Hot Dogs, LLC IL$27.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364273832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.