Plan Ledger DOL Form 5500 · updated monthly

Soho House LLC401(k)

SOHO HOUSE LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
1.20%

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

Soho House LLC reported $165,411 in plan administrative expenses for 2024: 1.20% of average plan assets, higher than ~90% of peers. Employer contributions averaged $186 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 5 years on file its reported administrative ratio fell from 1.28% to 1.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (2,927th of 5,648), and the 400th of 2,240 in accommodation & food services. In 2024, employees put in $3.53 for every $1.00 the employer contributed; active participation has grown from 3,397 to 4,083 since 2019.

Plan summary
Net assets, end of year$15,351,632
Participants with balances614
Active participants4,083
Employer contributions$761,462
Employee contributions$2,688,437
Employer contribution per active participant$186
Average account balance$25,003
Benefits paid to participants$2,323,615
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ, SELIG & ZERONDA, CPAS, LLP
Plan history5
Yearassets · accounts · employer contribution
2024$15.4M · 614 accts · $761K emplr
2022$9.0M · 461 accts · $570K emplr
2021$8.7M · 401 accts · $409K emplr
2020$7.6M · 387 accts · $320K emplr
2019$6.9M · 383 accts · $413K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,231
Investment management$127,180
Total administrative$165,411
The Soho House LLC 401(k) match · 2024
Employer contribution per active participant$186
Median for plans this size$2,416
2024$186 per active participant
2022$158 per active participant
2021$145 per active participant
2020$123 per active participant
2019$122 per active participant

Soho House LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MORGAN STANLEY GLOBAL BA · Investment advisory (plan)$127,183
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$38,228
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history5
2024$165,411 · 1.20%
2022$196,141 · 2.21%
2021$99,146 · 1.22%
2020$86,379 · 1.19%
2019$74,608 · 1.28%
Same employer
Similar plansAccommodation & Food Services · New York
The Dinex Group, LLC NY$16.8M · 0.44%
E.J. Del Monte Corporation NY$16.1M · 0.59%
Operations Holdings, Inc. NY$15.4M · 0.27%
Lessings, Inc. NY$14.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134195862 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.