Torgerson Properties, Inc. DBA Tpi Hospitality 401(k) match, vesting and fees

Plan year 2025 filingTorgerson Properties Retirement Savings Plan · Plan 001 · EIN 41-0991920Updated Oct 2026

What Torgerson Properties, Inc. DBA Tpi Hospitality's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $436K in employer contributions, about $699 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$30,120
Average account balance
929
Participants (end of year)
$18.8M
Plan assets (end of year)
0.48%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperAlerus Financial, N.A.Schedule C ↗
Independent auditorLb Carlson, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2025 medians for 38 defined-contribution plans in accommodation and food services with 500 to 999 participants.

Torgerson Properties, Inc. DBA Tpi Hospitality: employer contribution per participant$699
Peer median$718
Torgerson Properties, Inc. DBA Tpi Hospitality: average balance$30,120
Peer median$28,939
Torgerson Properties, Inc. DBA Tpi Hospitality: admin expenses ÷ assets0.48%
Peer median0.63%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $13.4M at the end of plan year 2021 to $18.8M at the end of plan year 2025.

$13.4M2021$11.6M2022$14.6M2023$16.5M2024$18.8M2025
End-of-year figures from each plan year's Form 5500 filing for the Torgerson Properties, Inc. DBA Tpi Hospitality plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2025929$18.8M$436K$6990.48%Not publishedForm 5500 ↗
2024880$16.5M$363K$6570.51%Not publishedForm 5500 ↗
2023936$14.6M$355K$6510.55%Not publishedForm 5500 ↗
2022865$11.6M$325K$5890.55%Not publishedForm 5500 ↗
2021823$13.4M$172K$3200.56%Not publishedForm 5500 ↗

Other Torgerson Properties, Inc. DBA Tpi Hospitality plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Tpi Hospitality Employee Stock Ownership Plan

Plan 002 · EIN 41-0991920 · plan year 2021 filing · terminated
—
Average account balance
0
Participants (end of year)
$0
Plan assets (end of year)
<0.01%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Independent auditorMmkr (unmodified opinion)Schedule H ↗
Plan type and statusRetirement · Terminated (final filing)Form 5500 ↗

Common questions

Does Torgerson Properties, Inc. DBA Tpi Hospitality match 401(k) contributions?

The match terms for the Torgerson Properties Retirement Savings Plan have not been published from its filing yet. The plan year 2025 filing reports $436K in employer contributions, about $699 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Torgerson Properties, Inc. DBA Tpi Hospitality 401(k) match vested?

The vesting schedule for the Torgerson Properties Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Torgerson Properties, Inc. DBA Tpi Hospitality 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is Alerus Financial, N.A.. The plan administrator is Torgerson Properties, Inc. DBA Tpi Hospitality.

I left Torgerson Properties, Inc. DBA Tpi Hospitality. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Torgerson Properties, Inc. DBA Tpi Hospitality, (320) 235-7207) or the recordkeeper, Alerus Financial, N.A.. The Torgerson Properties, Inc. DBA Tpi Hospitality old 401(k) page lists the contacts from every plan filing. Find an old Torgerson Properties, Inc. DBA Tpi Hospitality 401(k)

Data from the public Form 5500 annual reports Torgerson Properties, Inc. DBA Tpi Hospitality filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Torgerson Properties, Inc. DBA Tpi Hospitality. Not financial advice. Report a correction · Methodology