Benchmarking Palmer Gosnell Hospitality, LLC 401(K) Plan in Vienna, VA against all plans
In Virginia with its 72 plans, only Palmer Gosnell Hospitality, LLC 401(K) Plan in Vienna, VA has both such a high average account balance ($4,538) and such a low total administrative expense per participant ($14.72).
So, any other plan with as high an average account balance also has higher total administrative expense per participant. Likewise, any other plan with as low a total administrative expense per participant also has lower average account balance.
Note: average account balance = total assets ÷ total participants
Palmer Gosnell Hospitality, LLC 401(K) Plan has these standings among those 72 peer plans:
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
Palmer Gosnell Hospitality, LLC 401(K) Plan has these standings among those 72 peer plans:
So, any other plan with as high an average account balance also has higher total administrative expense per participant. Likewise, any other plan with as low a total administrative expense per participant also has lower average account balance.
Note: average account balance = total assets ÷ total participants
Palmer Gosnell Hospitality, LLC 401(K) Plan has these standings among those 72 peer plans:
- average account balance = $4,538 (19th-highest)
- total assets = $671,544 (24th-most)
- total participants = 148 (30th-fewest)
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
Palmer Gosnell Hospitality, LLC 401(K) Plan has these standings among those 72 peer plans:
- total administrative expense per participant = $14.72 (23rd-lowest)
- total administrative expenses = $2,179 (22nd-lowest)
- total participants = 148 (30th-fewest)
Visualize
Peers
closest are Community Concepts, Inc. 401(K) Plan in Dumfries, VA ($5,650, $24.27), Stone Tower Winery, LLC 401(K) Plan in Leesburg, VA ($5,738, $38.36), KTS Solutions, Inc. Retirement Plan in Portsmouth, VA ($4,866, $38.62), and The Fairfax University of America 401(K) Plan in Fairfax, VA ($8,847, $46.46), ending with Ocado Solutions USA 401(K) Plan in McLean, VA ($26,402, $3,002).
References
- average account balance. Higher values are better. Average account balance equals total assets, in Line 1f(b) from Schedule H, divided by total participants, in Line 6f of Form 5500. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- in state. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- total administrative expense per participant. Lower values are better. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, separated participants who are still living, and deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). To qualify for total administrative expense per participant, the number of total assets must be at least $50,000. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.