Eat'n Park Hospitality Group 401(k) Review & Grade
Eat'n Park Hospitality Group 401(k) Retirement Plan
Homestead, PAAccommodation & Food Services7,351 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$224Employer $ per active participant
$613Employee $ saved per active participant
0.29%Direct admin cost, % of plan assets
$90.2MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity23.8 / 5048th percentile for employer $ per participant
- Low cost6.1 / 2524th percentile for low admin cost vs. same-size plans
- Employee saving6.6 / 1544th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score40 / 100 · Grade D
This plan vs. peers
Peers: Accommodation & Food Services plans with 2,500–9,999 active participants (104 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 48th |
| Lower admin cost | 24th |
| Employee saving | 44th |
| Peers that auto-enroll | 15% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Eat'n Park Hospitality Group put in about $224 per active participant, below the typical peer ($244). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.29% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,648,410 |
| Participant (employee) contributions | $4,508,119 |
| Other contributions (incl. rollovers in) | $274,416 |
| Administrative expenses paid from the plan | $250,698 |
| Investment advisory & management fees | $60,000 |
| Other admin expenses | $22,331 |
| Benefits paid out | $9,898,597 |
| Net assets, start / end of year | $84.9M / $90.2M |
| Active participants, start / end of year | 6,836 / 7,866 |
| Participants with account balances | 2,029 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Schneider Downs & Co., Inc. |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $247,565 reported compensation |
| Global Retirement Partners LLC | $60,000 reported compensation |
| Schneider Downs & Co, Inc | $12,212 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250915140143NAL0001183505001, received 2025-09-15, EIN 25-1596974, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.