Newrest Iah LLC 401(k) Review & Grade
Newrest Iah 401(k) Plan
Houston, TXAccommodation & Food Services792 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$170Employer $ per active participant
$1,040Employee $ saved per active participant
1.15%Direct admin cost, % of plan assets
$4.1MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity18.4 / 5037th percentile for employer $ per participant
- Low cost1.2 / 255th percentile for low admin cost vs. same-size plans
- Employee saving9.2 / 1561th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score32 / 100 · Grade D
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 37th |
| Lower admin cost | 5th |
| Employee saving | 61th |
| Peers that auto-enroll | 17% |
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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
- Newrest Iah put in about $170 per active participant, below the typical peer ($266). 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 (1.15% of assets) are well above similar-size plans (0.23%). 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 | $134,172 |
| Participant (employee) contributions | $823,387 |
| Other contributions (incl. rollovers in) | $12,882 |
| Administrative expenses paid from the plan | $42,297 |
| Investment advisory & management fees | $18,210 |
| Benefits paid out | $426,317 |
| Net assets, start / end of year | $3.2M / $4.1M |
| Active participants, start / end of year | 789 / 794 |
| Participants with account balances | 304 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Larson & Company PC |
Largest service providers (Schedule C)
| Adp, Inc. | $24,087 reported compensation |
| Royal Alliance Associates, Inc. | $18,210 reported compensation |
| Adp Broker-Dealer | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251003051652NAL0001794832001, received 2025-10-03, EIN 87-1977406, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.