Plan Ledger DOL Form 5500 · updated monthly

Waterford Hotel Group, LLC401(k)

WATERFORD HOTEL GROUP, LLC 401K SAVINGS PLAN · WATERFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Waterford Hotel Group, LLC reported $69,840 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $156 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 0.07% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 473rd-largest of 1,106 plans among Connecticut employers on file, and the 237th of 2,240 in accommodation & food services. In 2024, employees put in $6.36 for every $1.00 the employer contributed; active participation has grown from 831 to 1,661 since 2022.

Plan summary
Net assets, end of year$26,457,733
Participants with balances461
Active participants1,661
Employer contributions$259,155
Employee contributions$1,647,990
Employer contribution per active participant$156
Average account balance$57,392
Benefits paid to participants$2,039,243
Plan auditUnmodified (clean) audit opinion
AuditorHOYT, FILIPPETTI & MALAGHAN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$26.5M · 461 accts · $259K emplr
2023$22.8M · 481 accts · $233K emplr
2022$20.1M · 461 accts · $192K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,519
Audit (IQPA)$17,500
Total administrative$69,840
The Waterford Hotel Group, LLC 401(k) match · 2024
Employer contribution per active participant$156
Median for plans this size$2,416
2024$156 per active participant
2023$162 per active participant
2022$231 per active participant

Waterford Hotel Group, LLC's 2024 employer contribution ran below the $2,416 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 · 20245
HOYT FILIPPETTI & MALAGHAN, LLC · Accounting / audit$21,500
PASI, LLC · Contract administrator$2,966
FINANCIAL SECURITY GROUPindirect comp
CAP FINANCIAL PARTNERS, LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$69,840 · 0.28%
2023$13,057 · 0.06%
2022$14,803 · 0.07%
Similar plansAccommodation & Food Services · Connecticut
Merritt Hospitality LLC CT$198.2M · 0.28%
Tauck, Inc. CT$112.6M · 0.06%
New Castle Hotels LLC CT$14.4M · 0.31%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 061117701 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.