Plan Ledger DOL Form 5500 · updated monthly

Westmont Hospitality Management, LLC401(k)

WESTMONT HOSPITALITY GROUP 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Westmont Hospitality Management, LLC reported $257,629 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~90% of peers. Employer contributions averaged $456 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 3 years on file its reported administrative ratio has held roughly steady near 0.50%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 1,007th-largest of 5,688 plans among Texas employers on file, and the 134th of 2,240 in accommodation & food services. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 1,590 to 3,841 since 2022.

Plan summary
Net assets, end of year$53,842,239
Participants with balances1,130
Active participants3,841
Employer contributions$1,752,347
Employee contributions$3,329,516
Employer contribution per active participant$456
Average account balance$47,648
Benefits paid to participants$5,642,747
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$53.8M · 1,130 accts · $1.8M emplr
2023$48.5M · 1,132 accts · $1.6M emplr
2022$40.8M · 1,084 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$257,629
Total administrative$257,629
The Westmont Hospitality Management, LLC 401(k) match · 2024
Employer contribution per active participant$456
Median for plans this size$3,635
2024$456 per active participant
2023$920 per active participant
2022$903 per active participant

Westmont Hospitality Management, LLC's 2024 employer contribution ran below the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$257,628
NORTHWESTERN MUTUAL INVESTMENT SERV · Other servicesindirect comp
ALLIANCE BENEFIT GROUP OF HOUSTON · Other servicesindirect comp
WILSHIRE ADVISORS 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$257,629 · 0.50%
2023$232,792 · 0.52%
2022$215,400 · 0.49%
Same employer
Similar plansAccommodation & Food Services · Texas
G6 Hospitality, LLC TX$78.1M · 0.15%
Cr Employment, Inc. TX$55.8M · 0.10%
Tgi Friday's Inc. TX$55.3M · 0.29%
The Houstonian Campus, LLC TX$53.9M · 0.22%
Pappas Restaurants, Inc. TX$51.3M · 0.15%
Pizza Properties, Inc. TX$37.1M · 0.34%
Deli Management, Inc. TX$30.3M · 0.47%
McR Investors LLC TX$29.0M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261589372 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.