Retirement plan

AMERICAN ACADEMY OF HOSPITALITY SCIENCES, INC. 401 K PENSION PLAN

Name: AMERICAN ACADEMY OF HOSPITALITY SCIENCES, INC. - AMERICAN ACADEMY OF HOSPITALITY SCIENCES, INC. 401 K PENSION PLAN (2023) Form 5500
Creator: AMERICAN ACADEMY OF HOSPITALITY SCIENCES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN ACADEMY OF HOSPITALITY SCIENCES, INC. 401 K PENSION PLAN, AMERICAN ACADEMY OF HOSPITALITY SCIENCES, INC.

AMERICAN ACADEMY OF HOSPITALITY SCIENCES, INC.EIN 13-3869341Plan #002PY 2023

240 CENTRAL PARK SOUTH - NEW YORK, NY 100191457212-582-5812stardiamondaward.comLinkedIn51-200 employeeshospitality

Other plans on this EIN

1 filing

#001Retirement-$3.6M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$1.2M

+36.8% from 2022

Total participants

0.0% from 2022

Average account balance

$415,373

+36.8% from 2022

Annual return

25.37%

+48.93 pp from 2022

Benchmarks

See 41,776 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort41,776 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.14M

Not enough data

1 years with asset history on file

Average account balance

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

$381K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$129K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$43K

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

-17.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5826

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$16K

$5403 / participant

Other / not subdivided$16K100.0%

% of EOY assets

1.301%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$415,373

$96,691+329.6%

$86,656+379.3%

$139,487+197.8%

Participation rate

100.0%

74.4%+25.6pp

71.7%+28.3pp

80.3%+19.7pp

Annual return

25.37%

106.87%-81.5pp

593.09%-567.7pp

373.84%-348.5pp

Employer contribution / active EE

$10,000

$3,267+206.1%

$3,025+230.5%

$4,755+110.3%

Participant deferral / active EE

$30,000

$4,838+520.1%

$4,439+575.8%

$6,713+346.9%

Admin fee / account holder

$5,403

$6,414-15.8%

$5,619-3.8%

$11,407-52.6%

AMERICAN ACADEMY OF HOSPITALITY SCIENCES, INC. 401 K PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN ACADEMY OF HOSPITALITY SCIENCES, INC. 401 K PENSION PLAN

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