Plan Ledger DOL Form 5500 · updated monthly

Ssd Management II LLC401(k)

KSL RESORTS - WEST 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Ssd Management II LLC reported $46,273 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $788 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 0.31% to 0.35%. 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 the 4,324th-largest of 9,483 plans among California employers on file, and the 393rd of 2,240 in accommodation & food services. In 2024, employees put in $3.66 for every $1.00 the employer contributed; active participation has grown from 702 to 1,112 since 2022.

Plan summary
Net assets, end of year$15,474,083
Participants with balances1,135
Active participants1,112
Employer contributions$876,018
Employee contributions$3,209,364
Employer contribution per active participant$788
Average account balance$13,634
Benefits paid to participants$1,054,803
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 1,135 accts · $876K emplr
2023$10.8M · 976 accts · $588K emplr
2022$6.2M · 685 accts · $209K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,781
Investment management$29,492
Total administrative$46,273
The Ssd Management II LLC 401(k) match · 2024
Employer contribution per active participant$788
Median for plans this size$2,416
2024$788 per active participant
2023$603 per active participant
2022$298 per active participant

Ssd Management II 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
JOHN HANCOCK RETIREMENT PLAN SRVCS · Recordkeeping · Loan processing$16,781
BURNHAM GIBSON WEALTH ADVISORS LLC · Investment advisory (plan)$29,492
UNITED PLANNERS FINANCIAL SVCS · 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.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$46,273 · 0.35%
2023$29,083 · 0.34%
2022$12,545 · 0.31%
Similar plansAccommodation & Food Services · California
Bakkavor Foods USA, Inc. CA$16.0M · 1.08%
Lawry's Restaurant, Inc. CA$15.5M · 0.50%
Islands Restaurants, LLC CA$15.3M · 0.60%
Southwind Foods, LLC CA$14.9M · 0.69%
Woodside Hotel Group LTD. CA$14.8M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842542075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.