GPS Hospitality, LLC 401(k) Review & Grade
GPS Hospitality 401(k) Plan
Atlanta, GAAccommodation & Food Services3,167 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$37Employer $ per active participant
$218Employee $ saved per active participant
1.68%Direct admin cost, % of plan assets
$4.7MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity5.3 / 5011th percentile for employer $ per participant
- Low cost0.4 / 252th percentile for low admin cost vs. same-size plans
- Employee saving2.0 / 1514th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score8 / 100 · Grade F
This plan vs. peers
Peers: Accommodation & Food Services plans with 2,500–9,999 active participants (104 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 11th |
| Lower admin cost | 2th |
| Employee saving | 14th |
| 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
- GPS Hospitality put in about $37 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 (1.68% 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 | $116,175 |
| Participant (employee) contributions | $690,189 |
| Other contributions (incl. rollovers in) | $41,671 |
| Administrative expenses paid from the plan | $72,363 |
| Other admin expenses | $72,363 |
| Benefits paid out | $529,559 |
| Net assets, start / end of year | $3.9M / $4.7M |
| Active participants, start / end of year | 2,697 / 3,637 |
| Participants with account balances | 426 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Kelly Sammons Toole & Ellison, LLP |
Largest service providers (Schedule C)
| Lincoln National Corporation | $38,089 reported compensation |
| Stadion Money Management | $18,387 reported compensation |
| At Retirement Services | $7,106 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014093011NAL0003533584001, received 2025-10-14, EIN 45-5510222, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.