Plan Ledger DOL Form 5500 · updated monthly

Prism Hospitality LP401(k)

PRISM HOSPITALITY LP 401(K) PLAN · PLANO, TX · plan year 2022

Reported admin expense ratio · 2022
0.56%

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

Prism Hospitality LP reported $42,042 in plan administrative expenses for 2022: 0.56% of average plan assets, above the peer median. Employer contributions averaged $1,864 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Texas (3,986th of 5,688), and the 860th of 2,240 in accommodation & food services. In 2022, employees put in $3.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,228,121
Participants with balances195
Active participants90
Employer contributions$167,726
Employee contributions$556,680
Employer contribution per active participant$1,864
Average account balance$26,811
Benefits paid to participants$4,132,268
Plan auditQualified audit opinion
AuditorBAKER TILLEY, US LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$5.2M · 195 accts · $168K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$24,951
Investment management$17,091
Total administrative$42,042
The Prism Hospitality LP 401(k) match · 2022
Employer contribution per active participant$1,864
Median for plans this size$1,114

Prism Hospitality LP's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$42,042 · 0.56%
Similar plansAccommodation & Food Services · Texas
Ybarra Investments, Inc. TX$6.3M · 1.41%
Gulshan Enterprises Inc. TX$6.0M · 1.01%
Casa Rio, Inc. TX$5.7M · 1.17%
Mtc Inc. TX$5.7M · 1.21%
Sli Enterprises, Inc. TX$5.0M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752947566 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.