Plan Ledger DOL Form 5500 · updated monthly

Saunders Hotel Group, LLC401(k)

SAUNDERS HOTEL GROUP, LLC 401(K) RETIREMENT PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Saunders Hotel Group, LLC reported $30,549 in plan administrative expenses for 2024: 0.36% of average plan assets, below the peer median. Employer contributions averaged $712 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 0.41% to 0.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Massachusetts (1,956th of 2,726), and the 602nd of 2,240 in accommodation & food services. In 2024, employees put in $4.05 for every $1.00 the employer contributed; active participation has grown from 163 to 190 since 2022.

Plan summary
Net assets, end of year$9,215,948
Participants with balances230
Active participants190
Employer contributions$135,257
Employee contributions$548,424
Employer contribution per active participant$712
Average account balance$40,069
Benefits paid to participants$548,526
Plan auditUnmodified (clean) audit opinion
AuditorRAPHAEL AND RAPHAEL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 230 accts · $135K emplr
2023$8.0M · 294 accts · $173K emplr
2022$7.0M · 262 accts · $142K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,955
Investment management$25,594
Total administrative$30,549
The Saunders Hotel Group, LLC 401(k) match · 2024
Employer contribution per active participant$712
Median for plans this size$1,313
2024$712 per active participant
2023$967 per active participant
2022$872 per active participant

Saunders Hotel Group, LLC's 2024 employer contribution ran below the $1,313 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$29,298
ADP BROKER-DEALER · Other servicesindirect comp
SPYGLASS CAPITAL MANAGEMENTindirect 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
2023ADP, RAPHAEL AND RAPHAEL, LLP

This plan has changed recordkeepers within these filings. If you left Saunders Hotel Group, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$30,549 · 0.36%
2023$34,292 · 0.46%
2022$30,672 · 0.41%
Same employer
Similar plansAccommodation & Food Services · Massachusetts
Pr Management, Corp. MA$10.8M · 0.18%
Sole Proprietor, Inc. MA$10.3M · 1.16%
Lafrance Brothers, Inc. MA$9.9M · 0.56%
The Briar Group, LLC MA$6.4M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208220618 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.