Plan Ledger DOL Form 5500 · updated monthly

Tara Hospitality Corp401(k)

TARA INVESTMENTS 401(K) PLAN · CHARLOTTE, NC · plan year 2022

Reported admin expense ratio · 2022
0.75%

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

Tara Hospitality Corp reported $2,165 in plan administrative expenses for 2022: 0.75% of average plan assets, below the peer median. Employer contributions averaged $201 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 accommodation & food services employers. By assets it is among the smaller plans on file in North Carolina (1,955th of 2,005), and 1,962nd of 2,240 in accommodation & food services. In 2022, employees put in $3.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$381,046
Participants with balances26
Active participants201
Employer contributions$40,360
Employee contributions$125,137
Employer contribution per active participant$201
Average account balance$14,656
Benefits paid to participants$44,671
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$563
Professional / advisory$1,602
Total administrative$2,165
The Tara Hospitality Corp 401(k) match · 2022
Employer contribution per active participant$201
Median for plans this size$331

Tara Hospitality Corp's 2022 employer contribution ran below 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$2,165 · 0.75%
Similar plansAccommodation & Food Services · North Carolina
Lifes Food, LLC NC$834K · 1.81%
Em Squared, LLC NC$826K · 1.74%
Charlotte Prime LLC NC$331K · 2.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562444895 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.