Vip Hospitality Group401(k)
VIP HOSPITALITY GROUP 401(K) PLAN · PORTLAND, OR · plan year 2023
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Vip Hospitality Group reported $1,191 in plan administrative expenses for 2023: 0.34% of average plan assets, lower than ~75% of peers. Employer contributions averaged $535 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 1 year on file its reported administrative ratio fell from 0.49% to 0.34%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Oregon (989th of 1,021), and 2,370th of 2,534 in administrative & support services. In 2023, employees put in $1.65 for every $1.00 the employer contributed.
Vip Hospitality Group's 2023 employer contribution ran above the $522 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 272941503 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.