Plan Ledger DOL Form 5500 · updated monthly

TWENTY4SEVEN Hotels Corporation401(k)

TWENTY FOUR SEVEN HOTELS 401K PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
1.31%

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

TWENTY4SEVEN Hotels Corporation reported $17,071 in plan administrative expenses for 2024: 1.31% of average plan assets, higher than ~90% of peers. Employer contributions averaged $223 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 0.16% to 1.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (8,379th of 9,483), and 1,981st of 2,534 in administrative & support services. In 2024, employees put in $3.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,839,455
Participants with balances175
Active participants753
Employer contributions$168,294
Employee contributions$623,268
Employer contribution per active participant$223
Average account balance$10,511
Benefits paid to participants$188,109
Plan auditUnmodified (clean) audit opinion
AuditorREDWITZ
Plan history2
Yearassets · accounts · employer contribution
2024$1.8M · 175 accts · $168K emplr
2022$396K · 99 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,974
Investment management$7,097
Total administrative$17,071
The TWENTY4SEVEN Hotels Corporation 401(k) match · 2024
Employer contribution per active participant$223
Median for plans this size$1,313

TWENTY4SEVEN Hotels 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$17,071

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

Administrative cost history2
2024$17,071 · 1.31%
2022$627 · 0.16%
Similar plansAdministrative & Support Services · California
First Alarm CA$1.9M · 2.23%
So Cal Sanitation LLC CA$1.8M · 0.82%
Elevated Resources Inc CA$1.8M · 0.72%
Advantmed, LLC CA$1.7M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043706719 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.