Retirement plan

PHG RETIREMENT PLAN

Name: CERES, LLC D/B/A PRIME HOSPITALITY GROUP - PHG RETIREMENT PLAN (2024) Form 5500
Creator: CERES, LLC D/B/A PRIME HOSPITALITY GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PHG RETIREMENT PLAN, CERES, LLC D/B/A PRIME HOSPITALITY GROUP

CERES, LLC D/B/A PRIME HOSPITALITY GROUPEIN 26-3187444Plan #002PY 2024

8425 WOODFIELD CROSSING - INDIANAPOLIS, IN 46240317-581-6000

Prospect flagsLow assets / participantFailed to transmit contributions

Top hat statement on fileNQDC

Filed January 29, 2026

Plan administrator

Plan administrator name— Sign in and upgrade to view

P.O. Box 1963

Wilson, WY 83014

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Plans declared (1)

CERES, LLC DBA PRIME HOSPITALITY GROUP100 emp

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Total assets (EOY)

$6.5M

+40.4% from 2023

Total participants

1,884

+37.0% from 2023

Average account balance

$3,600

-6.2% from 2023

Annual return

16.57%

-4.96 pp from 2023

Benchmarks

See 935 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort935 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.51M

Not enough data

1 years with asset history on file

Average account balance

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

$4K

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.

1,807

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.

92.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.94M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+16.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$47

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
AMERICAN REALTY ADVISORS6+ years Filed as: AMERICAN PENSION ADVISORS, LTD. Service code 17 · EIN 35-2015845 9265 COUNSELOR'S ROW, STE 120 · INDIANAPOLIS, IN 46240	Pension Consulting	$69,450
NATIONWIDE6+ years Service code 13 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$66,571
CBIZ RETIREMENT PLAN SERVICES1 year Filed as: CBIZ BENEFITS & INS SERVICES INC Service code 13 PO BOX 632886 · CINCINNATI, OH 452632886	Contract Administrator	$12,905

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T2U3B3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$84K

$87 / participant

Other trustee fees$15K17.4%
Contract admin$69K82.6%

% of EOY assets

1.292%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KATZ, SAPPER & MILLER, LLP
Auditor EIN: 351090346
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$3,600

$29,507-87.8%

$56,025-93.6%

$77,762-95.4%

Participation rate

92.1%

32.7%+59.3pp

52.5%+39.6pp

70.6%+21.5pp

Annual return

16.57%

18.90%-2.3pp

1712.69%-1696.1pp

31.27%-14.7pp

Employer contribution / active EE

$340

$570-40.3%

$1,042-67.3%

$2,728-87.5%

Participant deferral / active EE

$1,653

$1,062+55.7%

$1,955-15.4%

$4,651-64.5%

Admin fee / account holder

$47

$1,041-95.5%

$2,828-98.4%

$433-89.3%

Provider

Service type

Compensation

AMERICAN REALTY ADVISORS6+ years

Filed as: AMERICAN PENSION ADVISORS, LTD.

Service code 17 · EIN 35-2015845

9265 COUNSELOR'S ROW, STE 120 · INDIANAPOLIS, IN 46240

Pension Consulting

$69,450

NATIONWIDE6+ years

Service code 13

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$66,571

CBIZ RETIREMENT PLAN SERVICES1 year

Filed as: CBIZ BENEFITS & INS SERVICES INC

Service code 13

PO BOX 632886 · CINCINNATI, OH 452632886

Contract Administrator

$12,905

PHG RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PHG RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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