Plan Ledger DOL Form 5500 · updated monthly

Vision Hospitality Group, Inc.401(k)

VISION HOSPITALITY GROUP 401(K) PLAN · CHATTANOOGA, TN · plan year 2024

Reported admin expense ratio · 2024
1.27%

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

Vision Hospitality Group, Inc. reported $40,364 in plan administrative expenses for 2024: 1.27% of average plan assets, higher than ~90% of peers. Employer contributions averaged $92 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 1.03% to 1.27%. 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 Tennessee (1,210th of 1,496), and 1,149th of 2,240 in accommodation & food services. In 2024, employees put in $6.29 for every $1.00 the employer contributed; active participation has grown from 629 to 956 since 2022.

Plan summary
Net assets, end of year$3,274,424
Participants with balances150
Active participants956
Employer contributions$88,280
Employee contributions$555,239
Employer contribution per active participant$92
Average account balance$21,829
Benefits paid to participants$764,567
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 150 accts · $88K emplr
2023$3.1M · 161 accts · $80K emplr
2022$2.4M · 171 accts · $59K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,364
Total administrative$40,364
The Vision Hospitality Group, Inc. 401(k) match · 2024
Employer contribution per active participant$92
Median for plans this size$1,313
2024$92 per active participant
2023$132 per active participant
2022$94 per active participant

Vision Hospitality Group, Inc.'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 · 20244
RELATION INSURANCE SERVICES · Recordkeeping · Loan processing$32,545
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$21,679
PRINCIPAL LIFE INSURANCE CO · Contract administrator · Loan processing$8,041
RAYMOND JAMES FINANCIAL SERVICES IN · Investment advisory (plan)$6,015

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

Recordkeeper by year2
2024RELATION INSURANCE SERVICES, Transamerica
2023RELATION INSURANCE SERVICES, Transamerica

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Administrative cost history3
2024$40,364 · 1.27%
2023$38,646 · 1.42%
2022$25,302 · 1.03%
Similar plansAccommodation & Food Services · Tennessee
Wtc Wend TN$4.7M · 0.72%
Mrco, LLC TN$4.1M · 0.98%
Captain D's, LLC TN$3.8M · 0.51%
Hattie Bs, LLC TN$1.8M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141912384 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.