Sonesta Plan Administration Committee401(k)

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

Sonesta Plan Administration Committee reported $7,009 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $704 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 0.62% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Massachusetts (2,606th of 2,726), and 1,556th of 2,240 in accommodation & food services. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has grown from 164 to 260 since 2022.