Plan Ledger DOL Form 5500 · updated monthly

Pm Hospitality Strategies, Inc.401(k)

PMHG 401(K) PLAN · CHEVY CHASE, MD · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Pm Hospitality Strategies, Inc. reported $184,804 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $230 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 0.61% to 0.69%. 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 463rd-largest of 1,671 plans among Maryland employers on file, and the 200th of 2,240 in accommodation & food services. In 2024, employees put in $2.94 for every $1.00 the employer contributed; active participation has grown from 2,949 to 5,016 since 2022.

Plan summary
Net assets, end of year$30,536,361
Participants with balances882
Active participants5,016
Employer contributions$1,155,221
Employee contributions$3,401,189
Employer contribution per active participant$230
Average account balance$34,622
Benefits paid to participants$3,830,581
Plan auditUnmodified (clean) audit opinion
AuditorSNYDER COHN PC
Plan history3
Yearassets · accounts · employer contribution
2024$30.5M · 882 accts · $1.2M emplr
2023$22.9M · 758 accts · $672K emplr
2022$13.4M · 644 accts · $517K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,952
Investment management$57,352
Audit (IQPA)$32,500
Total administrative$184,804
The Pm Hospitality Strategies, Inc. 401(k) match · 2024
Employer contribution per active participant$230
Median for plans this size$2,416
2024$230 per active participant
2023$200 per active participant
2022$175 per active participant

Pm Hospitality Strategies, Inc.'s 2024 employer contribution ran below the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$94,953
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$57,352
SNYDER COHN PC · Accounting / audit$32,500

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

Administrative cost history3
2024$184,804 · 0.69%
2023$118,081 · 0.65%
2022$85,538 · 0.61%
Same employer
Similar plansAccommodation & Food Services · Maryland
Hmshost MD$484.6M · 0.18%
Sage Dining Services, Inc. MD$63.6M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541811207 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.