Plan Ledger DOL Form 5500 · updated monthly

Reneson Hotels, Inc.401(k)

RENESON HOTELS, INC. 401(K) PROFIT SHARING PLAN · DALY CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Reneson Hotels, Inc. reported $44,902 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1,166 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 fell from 0.39% to 0.34%. 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 4,555th-largest of 9,483 plans among California employers on file, and the 428th of 2,240 in accommodation & food services. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has grown from 171 to 195 since 2022.

Plan summary
Net assets, end of year$14,083,100
Participants with balances139
Active participants195
Employer contributions$227,449
Employee contributions$549,500
Employer contribution per active participant$1,166
Average account balance$101,317
Benefits paid to participants$717,582
Plan auditUnmodified (clean) audit opinion
AuditorBAKERTILLY US, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 139 accts · $227K emplr
2023$12.3M · 145 accts · $220K emplr
2022$10.1M · 138 accts · $206K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,128
Investment management$20,774
Total administrative$44,902
The Reneson Hotels, Inc. 401(k) match · 2024
Employer contribution per active participant$1,166
Median for plans this size$2,416
2024$1,166 per active participant
2023$1,214 per active participant
2022$1,207 per active participant

Reneson Hotels, 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
ADP, INC. · Loan processing · Recordkeeping$24,128
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$20,774
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$44,902 · 0.34%
2023$40,469 · 0.36%
2022$43,456 · 0.39%
Same employer
Similar plansAccommodation & Food Services · California
Woodside Hotel Group LTD. CA$14.8M · 0.31%
Sightline Hospitality, LLC CA$14.4M · 0.49%
Wilton Rancheria Gaming CA$14.2M · 0.65%
Norms Restaurants, LLC CA$14.1M · 0.98%
Il Fornaio (America), LLC CA$13.5M · 0.05%
Bartell Hotels CA$13.5M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941403871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.