Plan Ledger DOL Form 5500 · updated monthly

Springwood Hospitality Management, LLC401(k)

SPRINGWOOD HOSPITALITY, LLC 401(K) PLAN · YORK, PA · plan year 2022

Reported admin expense ratio · 2022
1.86%

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

Springwood Hospitality Management, LLC reported $14,608 in plan administrative expenses for 2022: 1.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $511 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Pennsylvania (3,553rd of 3,651), and 2,013th of 2,096 in real estate & leasing. In 2022, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$636,835
Participants with balances46
Active participants186
Employer contributions$94,967
Employee contributions$157,018
Employer contribution per active participant$511
Average account balance$13,844
Benefits paid to participants$443,096
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,786
Investment management$2,411
Professional / advisory$2,411
Total administrative$14,608
The Springwood Hospitality Management, LLC 401(k) match · 2022
Employer contribution per active participant$511
Median for plans this size$331

Springwood Hospitality Management, LLC's 2022 employer contribution ran above the $331 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$14,608 · 1.86%
Similar plansReal Estate & Leasing · Pennsylvania
Harrison Enterprises PA$2.6M · 1.56%
Horst Realty Company, LLC PA$1.6M · 0.79%
Houwzer PA$1.5M · 0.02%
Dgg Re Investments LLC PA$1.2M · 0.65%
Forty Two, LLC PA$611K · 0.71%
Odin Management LLC PA$588K · 1.12%
Bchh Inc PA$442K · 1.05%
Assero Services, LLC PA$298K · 1.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821474381 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.