Plan Ledger DOL Form 5500 · updated monthly

Winston Hospitality, Inc.401(k)

WINSTON HOSPITALITY, INC 401(K) PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Winston Hospitality, Inc. reported $17,450 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $598 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 0.32% to 0.42%. 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 North Carolina (1,514th of 2,005), and the 968th of 2,240 in accommodation & food services. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 266 to 330 since 2022.

Plan summary
Net assets, end of year$4,355,183
Participants with balances116
Active participants330
Employer contributions$197,316
Employee contributions$427,848
Employer contribution per active participant$598
Average account balance$37,545
Benefits paid to participants$813,109
Plan auditUnmodified (clean) audit opinion
AuditorTHOMAS JUDY TUCKER
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 116 accts · $197K emplr
2023$4.0M · 125 accts · $204K emplr
2022$3.6M · 137 accts · $200K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,181
Investment management$10,269
Total administrative$17,450
The Winston Hospitality, Inc. 401(k) match · 2024
Employer contribution per active participant$598
Median for plans this size$1,313
2024$598 per active participant
2023$748 per active participant
2022$753 per active participant

Winston Hospitality, 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 · 20242
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$10,268
ADP, INC. · Loan processing · Recordkeeping$7,180

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

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$17,450 · 0.42%
2023$16,822 · 0.44%
2022$12,310 · 0.32%
Similar plansAccommodation & Food Services · North Carolina
Wdi Hospitality LLC NC$7.5M · 1.12%
McAndersons Inc. NC$5.6M · 0.26%
Bullard Enterprises LLC NC$5.3M · 0.85%
Phoenix Taco LLC NC$4.1M · 1.66%
Rust Enterprises, Inc. NC$4.1M · 0.76%
Plaza Associates, Inc. NC$3.9M · 0.74%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 331182243 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.