Retirement plan

HHP HOTELS 401(K) PLAN

Name: HAVERFORD HOTEL PARTNERS, LP - HHP HOTELS 401(K) PLAN (2019) Form 5500
Creator: HAVERFORD HOTEL PARTNERS, LP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HHP HOTELS 401(K) PLAN, HAVERFORD HOTEL PARTNERS, LP

HAVERFORD HOTEL PARTNERS, LPEIN 20-0872223Plan #001PY 2019

919 CONESTOGA RD STE 214 BLDG 3 - ROSEMONT, PA 19010610-581-7496hhphotels.comLinkedIn201-500 employeeshospitality

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$1.3M

+24.9% from 2018

Total participants

107

-7.0% from 2018

Average account balance

$37,001

+14.2% from 2018

Annual return

22.74%

+28.19 pp from 2018

Benchmarks

See 899 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort899 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.57M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

7.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$96K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$260

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

+12.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2493

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

Top 3 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER5+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$4,381
ADP BROKER-DEALER5+ years Service code 49 · EIN 22-3319984	Other Services	$0
MORGAN STANLEY SMITH BARNEY5+ years Service code 49 1 TOWER BRIDGE 100 FRONT STREET · WEST CONSHOHOCKEN, PA 19460	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$4K

$42 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.338%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: LASKARIS AND LASKARIS
Auditor EIN: 231900742
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,001

$31,679+16.8%

$74,722-50.5%

$65,185-43.2%

Participation rate

30.8%

40.4%-9.6pp

54.5%-23.7pp

70.2%-39.4pp

Annual return

22.74%

39.04%-16.3pp

753.11%-730.4pp

29.38%-6.6pp

Employer contribution / active EE

$566-100.0%

$1,084-100.0%

$2,177-100.0%

Participant deferral / active EE

$799

$1,191-32.9%

$1,963-59.3%

$3,514-77.3%

Admin fee / account holder

$125

$379-67.0%

$3,335-96.2%

$847-85.2%

Provider

Service type

Compensation

ADP BROKER-DEALER5+ years

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

$4,381

ADP BROKER-DEALER5+ years

Service code 49 · EIN 22-3319984

Other Services

MORGAN STANLEY SMITH BARNEY5+ years

Service code 49

1 TOWER BRIDGE 100 FRONT STREET · WEST CONSHOHOCKEN, PA 19460

Other Services

HHP HOTELS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HHP HOTELS 401(K) 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