Plan Ledger DOL Form 5500 · updated monthly

Stoney Creek Hospitality Corporation401(k)

STONEY CREEK 401K) PLAN · MASON CITY, IA · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Stoney Creek Hospitality Corporation reported $39,829 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $328 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 0.75% to 0.87%. 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 Iowa (705th of 878), and the 905th of 2,240 in accommodation & food services. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has grown from 326 to 455 since 2022.

Plan summary
Net assets, end of year$4,805,523
Participants with balances160
Active participants455
Employer contributions$149,018
Employee contributions$291,172
Employer contribution per active participant$328
Average account balance$30,035
Benefits paid to participants$823,753
Plan auditUnmodified (clean) audit opinion
AuditorPOTTER AND BRANT, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 160 accts · $149K emplr
2023$4.4M · 172 accts · $133K emplr
2022$4.0M · 186 accts · $119K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,813
Investment management$16,016
Total administrative$39,829
The Stoney Creek Hospitality Corporation 401(k) match · 2024
Employer contribution per active participant$328
Median for plans this size$1,313
2024$328 per active participant
2023$420 per active participant
2022$364 per active participant

Stoney Creek Hospitality Corporation's 2024 employer contribution ran below the $1,313 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 · 20242
VISIONPOINT ADVISORY GROUP · Investment advisory (plan)$16,016

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

Administrative cost history3
2024$39,829 · 0.87%
2023$31,611 · 0.75%
2022$36,937 · 0.75%
Similar plansAccommodation & Food Services · Iowa
Pizza Ranch, Inc. IA$14.0M · 0.26%
Kinseth Hotel Corporation IA$11.3M · 0.52%
Peter Joseph, Inc. IA$4.9M · 0.02%
Boyer Restaurants, Inc. IA$4.0M · 0.42%
New Horizon Food Services IA$4.0M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421428649 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.