Plan Ledger DOL Form 5500 · updated monthly

Vip Hospitality, LLC401(k)

VIP HOSPITALITY LLC 401(K) PLAN · RENTON, WA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Vip Hospitality, LLC reported $2,660 in plan administrative expenses for 2024: 0.59% of average plan assets, below the peer median. Employer contributions averaged $582 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 1,109 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Washington (1,659th of 1,714), and 2,384th of 2,677 in transportation & warehousing. In 2024, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$620,965
Participants with balances200
Active participants223
Employer contributions$129,827
Employee contributions$284,521
Employer contribution per active participant$582
Average account balance$3,105
Benefits paid to participants$124,134
Plan auditUnmodified (clean) audit opinion
AuditorDWYER, PEMBERTON & COULSON, P.C.
Administrative expenses, itemized · 2024
Investment management$2,660
Total administrative$2,660
The Vip Hospitality, LLC 401(k) match · 2024
Employer contribution per active participant$582
Median for plans this size$540

Vip Hospitality, LLC's 2024 employer contribution ran above the $540 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2024$2,660 · 0.59%
Similar plansTransportation & Warehousing · Washington
Elder Logistics Inc WA$1.0M · 0.56%
Mtr Western, LLC WA$819K · 2.17%
Jacko Logistics LLC WA$612K · 1.21%
K&D Services, Inc. WA$598K · 2.13%
RELYABLE1 LLC WA$390K · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263650125 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.