Retirement plan

CHERRY HILL CROWNE PLAZA 401(K) PLAN

Name: CHERRY HILL HOTEL - CHERRY HILL CROWNE PLAZA 401(K) PLAN (2017) Form 5500
Creator: CHERRY HILL HOTEL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHERRY HILL CROWNE PLAZA 401(K) PLAN, CHERRY HILL HOTEL

CHERRY HILL HOTELEIN 20-4632491Plan #001PY 2017

2349 W MARLTON PK - CHERRY HILL, NJ 08002856-382-6194LinkedIn51-200 employeesrestaurants

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$691K

No prior year

Total participants

147

No prior year

Average account balance

$18,187

No prior year

Annual return

14.78%

No prior year

Benchmarks

See 841 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort841 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.27M

Not enough data

1 years with asset history on file

Average account balance

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

$19K

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.

85.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$77K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$995

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

+11.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1854

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
MERRILL LYNCH PIERCE FENNER & SMITH1+ years Service code 52 · EIN 13-5674085	Indirect Investment Fees	$10,032
ADP BROKER-DEALER1+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$150
ADP BROKER-DEALER1+ years Service code 49 · EIN 22-3319984	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.

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

$150

$1 / participant

Other / not subdivided$150100.0%

% of EOY assets

0.022%

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: BARATZ & ASSOCIATES, P.A.
Auditor EIN: 222212404
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,187

$31,388-42.1%

$73,550-75.3%

$62,293-70.8%

Participation rate

16.8%

39.9%-23.1pp

54.9%-38.1pp

69.5%-52.7pp

Annual return

14.78%

25.34%-10.6pp

-15.16%+29.9pp

28.90%-14.1pp

Employer contribution / active EE

$498-100.0%

$1,219-100.0%

$2,042-100.0%

Participant deferral / active EE

$440

$1,028-57.2%

$1,804-75.6%

$3,169-86.1%

Admin fee / account holder

$299-98.7%

$2,320-99.8%

$479-99.2%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH1+ years

Service code 52 · EIN 13-5674085

Indirect Investment Fees

$10,032

ADP BROKER-DEALER1+ years

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

$150

ADP BROKER-DEALER1+ years

Service code 49 · EIN 22-3319984

Other Services

CHERRY HILL CROWNE PLAZA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHERRY HILL CROWNE PLAZA 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