Peregrine Permanent Management, LLC 401(k) Review & Grade
Peregrine Hospitality - West 401(k) Plan
Denver, COAccommodation & Food Services1,044 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$839Employer $ per active participant
$3,076Employee $ saved per active participant
0.35%Direct admin cost, % of plan assets
$15.5MNet plan assets, end of year
$13,634Average balance per account
Score breakdown
- Employer generosity42.0 / 5084th percentile for employer $ per participant
- Low cost8.7 / 2535th percentile for low admin cost vs. same-size plans
- Employee saving13.8 / 1592th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score75 / 100 · Grade A
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 84th |
| Lower admin cost | 35th |
| Employee saving | 92th |
| Peers that auto-enroll | 17% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- Peregrine Permanent Management put in about $839 per active participant, more than the typical peer ($266). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 (0.35% 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $876,018 |
| Participant (employee) contributions | $3,209,364 |
| Other contributions (incl. rollovers in) | $247,441 |
| Administrative expenses paid from the plan | $46,273 |
| Contract administrator fees | $16,781 |
| Investment advisory & management fees | $29,492 |
| Benefits paid out | $1,054,803 |
| Net assets, start / end of year | $10.8M / $15.5M |
| Active participants, start / end of year | 975 / 1,112 |
| Participants with account balances | 1,135 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Miller Kaplan Arase, LLP |
Largest service providers (Schedule C)
| Burnham Gibson Wealth Advisors LLC | $29,492 reported compensation |
| John Hancock Retirement Plan Srvcs | $16,781 reported compensation |
| United Planners Financial Svcs | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014152020NAL0001574595001, received 2025-10-14, EIN 84-2542075, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.