Plan Ledger DOL Form 5500 · updated monthly

Sixty Hotels, LLC401(k)

SIXTY HOTELS, LLC 401(K) PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Sixty Hotels, LLC reported $1,110 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $666 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 New York (4,642nd of 5,648), and the 987th of 2,240 in accommodation & food services. In 2022, employees put in $2.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,190,821
Participants with balances77
Active participants166
Employer contributions$110,513
Employee contributions$238,990
Employer contribution per active participant$666
Average account balance$54,426
Benefits paid to participants$356,978
Plan auditUnmodified (clean) audit opinion
AuditorSAX LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,110
Total administrative$1,110
The Sixty Hotels, LLC 401(k) match · 2022
Employer contribution per active participant$666
Median for plans this size$1,114

Sixty Hotels, LLC's 2022 employer contribution ran below 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$1,110 · 0.02%
Same employer
Similar plansAccommodation & Food Services · New York
Hendel Products Group NY$4.6M · 1.51%
Navika Capital Group, LLC NY$4.5M · 1.78%
Yotel Management USA NY$4.4M · 0.53%
Momo Holdings LLC NY$4.3M · 0.20%
Common Living, Inc. NY$4.2M · 0.36%
Mighty Taco. Inc. NY$4.1M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352489414 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.