Plan Ledger DOL Form 5500 · updated monthly

Westport Hospitality, LLC401(k)

WESTPORT HOSPITALITY 401(K) PLAN · BURLINGTON, VT · plan year 2022

Reported admin expense ratio · 2022
0.25%

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

Westport Hospitality, LLC reported $10,940 in plan administrative expenses for 2022: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,768 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Vermont (192nd of 230), and the 983rd of 2,240 in accommodation & food services. In 2022, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,209,160
Participants with balances86
Active participants89
Employer contributions$157,351
Employee contributions$284,912
Employer contribution per active participant$1,768
Average account balance$48,944
Benefits paid to participants$255,691
Plan auditUnmodified (clean) audit opinion
AuditorBILODEAU WELLS & COMPANY, P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,797
Investment management$7,899
Professional / advisory$244
Total administrative$10,940
The Westport Hospitality, LLC 401(k) match · 2022
Employer contribution per active participant$1,768
Median for plans this size$1,114

Westport Hospitality, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$10,940 · 0.25%
Same employer
Similar plansAccommodation & Food Services · Vermont
Leonard Management NE$4.3M · 1.61%
The Alinea Group LLC IL$4.2M · 0.07%
Cobblestone Hotels, LLC WI$4.2M · 0.52%
Aspen Lodging Group LLC OR$4.2M · 1.41%
Larson Management Inc. WI$4.2M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030355836 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.