Retirement plan

NY HOTELS TRADES COUNCIL & ASSN. OF NYC, INC EMPLOYEE BENEFIT FUNDS STAFF RETIREMENT PLAN AND TRUST

Name: NY HOTEL TRADES COUNCIL & HOTEL ASSN. - NY HOTELS TRADES COUNCIL & ASSN. OF NYC, INC EMPLOYEE BENEFIT FUNDS STAFF RETIREMENT PLAN AND TRUST (2018) Form 5500
Creator: NY HOTEL TRADES COUNCIL & HOTEL ASSN.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NY HOTELS TRADES COUNCIL & ASSN. OF NYC, INC EMPLOYEE BENEFIT FUNDS STAFF RETIREMENT PLAN AND TRUST, NY HOTEL TRADES COUNCIL & HOTEL ASSN.

NY HOTEL TRADES COUNCIL & HOTEL ASSN.dba OF NYC HEALTHEIN 13-1595091Plan #001PY 2018

305 WEST 44TH STREET - NEW YORK, NY 100365402212-586-6400

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$100.9M

-2.3% from 2017

Total participants

1,235

+4.5% from 2017

Average account balance

$84,173

-5.8% from 2017

Annual return

-4.80%

-20.48 pp from 2017

Benchmarks

See 282 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort282 peers

Snapshot2018

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$153.35M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$121K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,266

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

97.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12.11M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.78%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$27

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 1 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: GREAT WEST TRUST COMPANY, LLC (NY) Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$31,447

Plan features & details

Pension benefit codes2E2F2G2J2S2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$22K

$22 / participant

Investment mgmt$22K100.0%

% of EOY assets

0.022%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MSPC CERTIFIED PUBLIC ACCOUNTANTS
Auditor EIN: 222951202
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$84,173

$23,119+264.1%

$71,089+18.4%

$75,289+11.8%

Participation rate

96.4%

36.3%+60.1pp

54.6%+41.8pp

72.4%+24.0pp

Annual return

-4.80%

-3.32%-1.5pp

650.65%-655.5pp

-0.04%-4.8pp

Employer contribution / active EE

$3,484

$399+773.2%

$1,088+220.3%

$2,405+44.8%

Participant deferral / active EE

$6,358

$960+562.2%

$1,873+239.6%

$3,739+70.1%

Admin fee / account holder

$19

$89-79.2%

$3,082-99.4%

$102-81.8%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: GREAT WEST TRUST COMPANY, LLC (NY)

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$31,447

NY HOTELS TRADES COUNCIL & ASSN. OF NYC, INC EMPLOYEE BENEFIT FUNDS STAFF RETIREMENT PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NY HOTELS TRADES COUNCIL & ASSN. OF NYC, INC EMPLOYEE BENEFIT FUNDS STAFF RETIREMENT PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion