Plan Ledger DOL Form 5500 · updated monthly

Setai Hotel Acquisition, LLC401(k)

THE SETAI 401(K) PLAN · COLFAX, LA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Setai Hotel Acquisition, LLC reported $28,524 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $1,293 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 0.52% to 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Louisiana (539th of 884), and the 1,239th of 2,534 in administrative & support services. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 218 to 279 since 2022.

Plan summary
Net assets, end of year$6,873,879
Participants with balances208
Active participants279
Employer contributions$360,857
Employee contributions$581,177
Employer contribution per active participant$1,293
Average account balance$33,047
Benefits paid to participants$518,813
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 208 accts · $361K emplr
2023$5.6M · 200 accts · $315K emplr
2022$4.3M · 190 accts · $308K emplr
The Setai Hotel Acquisition, LLC 401(k) match · 2024
Employer contribution per active participant$1,293
Median for plans this size$1,313
2024$1,293 per active participant
2023$1,203 per active participant
2022$1,414 per active participant

Setai Hotel Acquisition, 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 · 20241
EQUITABLE LIFE INSURANCE CO. · Recordkeeping · Trustee (directed)$28,524

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

Recordkeeper by year2
2024EQUITABLE LIFE INSURANCE CO.
2023AXA EQUITABLE LIFE INSURANCE CO.

This plan has changed recordkeepers within these filings. If you left Setai Hotel Acquisition, 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$28,524 · 0.46%
2023$21,876 · 0.44%
2022$22,992 · 0.52%
Same employer
Similar plansAdministrative & Support Services · Louisiana
C-Dive LLC LA$6.0M · 1.32%
Hub Enterprises, Inc. LA$3.6M · 1.34%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 371775409 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.