What are the fees in the Z H Hospitality 401(k) plan?

For plan year 2022, Z H Hospitality reported $914 in plan administrative expenses, or 4.50% of average plan assets — higher than ~90% of peers. Fund-level expense ratios are not included in public filings.

What is the Z H Hospitality 401(k) match?

In 2022, employer contributions to the Z H Hospitality plan averaged $16 per active participant, below the $331 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Z H Hospitality 401(k)?

The average participant account balance was $2,765 for plan year 2022, based on 14 accounts.

Z H Hospitality401(k)

Name: Z H Hospitality 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

Z H HOSPITALITY 401(K) PROFIT SHARING PLAN & TRUST · MINNEAPOLIS, MN · plan year 2022

Reported admin expense ratio · 2022

4.50%

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

Z H Hospitality reported $914 in plan administrative expenses for 2022: 4.50% of average plan assets, higher than ~90% of peers. Employer contributions averaged $16 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Minnesota (1,914th of 1,918), and 3,316th of 3,341 in other services. In 2022, employees put in $12.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,703
Participants with balances14
Active participants192
Employer contributions$3,030
Employee contributions$37,456
Employer contribution per active participant$16
Average account balance$2,765
Plan auditUnmodified (clean) audit opinion
AuditorMIKE AVERSANO CPA, PC

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$914

Total administrative$914

The Z H Hospitality 401(k) match · 2022

Employer contribution per active participant$16

Median for plans this size$331

Z H Hospitality's 2022 employer contribution ran below the $331 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

Your balance

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$914 · 4.50%

Similar plansOther Services · Minnesota
Hadc Services, LLC 403(B) MN$1.1M · 0.08%
Stevens Unlimited MN$757K · 1.14%
Pathways to Community, Inc MN$588K · 0.20%
Cornerstone Parking Group, Inc. MN$276K · 1.02%
Btb Home Care LLC CO$46K · 12.14%
Magic Laundry, Inc CA$41K · 1.09%
Pacare dba Pace Care Inc. CA$39K · 6.77%
Regency Pet, LLC MD$39K · 2.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463290234 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.