Plan Ledger DOL Form 5500 · updated monthly

Scalzo Hospitality, Inc.401(k)

SCALZO HOSPITALITY, INC. 401(K) PLAN · MINNEAPOLIS, MN · plan year 2022

Reported admin expense ratio · 2022
2.19%

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

Scalzo Hospitality, Inc. reported $39,201 in plan administrative expenses for 2022: 2.19% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 Minnesota (1,813th of 1,918), and 1,532nd of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$1,627,038
Participants with balances61
Active participants114
Employer contributions$0
Employee contributions$94,850
Employer contribution per active participant$0
Average account balance$26,673
Benefits paid to participants$74,944
Plan auditUnmodified (clean) audit opinion
AuditorABDO EICK & MEYERS LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$17,392
Investment management$10,109
Professional / advisory$11,700
Total administrative$39,201
The Scalzo Hospitality, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

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

Administrative cost history1
2022$39,201 · 2.19%
Similar plansAccommodation & Food Services · Minnesota
Hyder Investments, Inc. MN$2.5M · 0.96%
Cliff Corporation MN$2.3M · 1.26%
Madone Inc MN$2.3M · 0.75%
P.D.I. Foods, LLC MN$2.1M · 1.38%
Team Honey Badger LLC MN$1.6M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202353390 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.