Plan Ledger DOL Form 5500 · updated monthly

Sightline Hospitality, LLC401(k)

SIGHTLINE HOSPITALITY, LLC 401(K) PLAN · SAN FRANCISCO, CA · plan year 2023

Reported admin expense ratio · 2023
0.49%

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

Sightline Hospitality, LLC reported $63,460 in plan administrative expenses for 2023: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $486 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 rose from 0.55% to 0.96%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 4,478th-largest of 9,483 plans among California employers on file, and the 421st of 2,240 in accommodation & food services. In 2023, employees put in $4.75 for every $1.00 the employer contributed; active participation has shrunk from 547 to 484 since 2022.

Plan summary
Net assets, end of year$14,409,261
Participants with balances249
Active participants484
Employer contributions$235,311
Employee contributions$1,118,764
Employer contribution per active participant$486
Average account balance$57,869
Benefits paid to participants$497,322
Plan auditUnmodified (clean) audit opinion
AuditorCOMYNS, SMITH, MCCLEARY & DEAVER LL
Plan history4
Yearassets · accounts · employer contribution
2025$0 · 1 accts
2024$5.8M · 110 accts · $231K emplr
2023$14.4M · 249 accts · $235K emplr
2022$11.2M · 249 accts · $161K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$38,460
Audit (IQPA)$25,000
Total administrative$63,460
The Sightline Hospitality, LLC 401(k) match · 2023
Employer contribution per active participant$486
Median for plans this size$2,440
2024$230,510 per active participant
2023$486 per active participant
2022$295 per active participant

Sightline Hospitality, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$23,688
NEWPORT GROUP, INC. · Recordkeeping · Loan processing$14,772
CSM&D · Accounting / audit$25,000

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

Recordkeeper by year3
2025Ascensus, Transamerica
2024Ascensus, Newport (Ascensus), Transamerica
2023Newport (Ascensus), Transamerica

This plan has changed recordkeepers within these filings. If you left Sightline Hospitality, 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 history4
2025Not separately reported
2024$96,409 · 0.96%
2023$63,460 · 0.49%
2022$66,983 · 0.55%
Same employer
Similar plansAccommodation & Food Services · California
Southwind Foods, LLC CA$14.9M · 0.69%
Woodside Hotel Group LTD. CA$14.8M · 0.31%
Wilton Rancheria Gaming CA$14.2M · 0.65%
Reneson Hotels, Inc. CA$14.1M · 0.34%
Norms Restaurants, LLC CA$14.1M · 0.98%
Il Fornaio (America), LLC CA$13.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 384108839 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.