Plan Ledger DOL Form 5500 · updated monthly

Shore Hotel dba Sand & Sea, Inc.401(k)

SHORE HOTEL DBA SAND & SEA, INC. 401K PLAN · SANTA MONICA, CA · plan year 2022

Reported admin expense ratio · 2022
0.36%

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

Shore Hotel dba Sand & Sea, Inc. reported $11,097 in plan administrative expenses for 2022: 0.36% of average plan assets, below the peer median. Employer contributions averaged $1,694 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 California (7,896th of 9,483), and 1,228th of 2,240 in accommodation & food services. In 2022, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,901,409
Participants with balances91
Active participants116
Employer contributions$196,452
Employee contributions$307,855
Employer contribution per active participant$1,694
Average account balance$31,884
Benefits paid to participants$452,898
Plan auditUnmodified (clean) audit opinion
The Shore Hotel dba Sand & Sea, Inc. 401(k) match · 2022
Employer contribution per active participant$1,694
Median for plans this size$1,114

Shore Hotel dba Sand & Sea, Inc.'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 history1
2022$11,097 · 0.36%
Same employer
Similar plansAccommodation & Food Services · California
Tj Processors LLC CA$3.0M · 1.42%
The Party Staff Inc CA$3.0M · 0.52%
Mary's Pizza Shack Inc. CA$3.0M · 1.24%
Premier Food Concepts LLC CA$2.8M · 2.03%
Far West Services, LLC CA$2.7M · 0.32%
Pac Pizza CA$2.6M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450658997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.