Retirement plan

URBANA VARRO HOSPITALITY MANAGEMENT 401(K) PROFIT SHARING PLAN

Name: URBANA VARRO HOSPITALITY MANAGEMENT CO., LLC - URBANA VARRO HOSPITALITY MANAGEMENT 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: URBANA VARRO HOSPITALITY MANAGEMENT CO., LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, URBANA VARRO HOSPITALITY MANAGEMENT 401(K) PROFIT SHARING PLAN, URBANA VARRO HOSPITALITY MANAGEMENT CO., LLC

URBANA VARRO HOSPITALITY MANAGEMENT CO., LLCEIN 37-1733869Plan #001PY 2018

3350 RIVERWOOD PARKWAY, STE 2140 - ATLANTA, GA 30339404-249-8310LinkedIn201-500 employeeshospitality

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$934K

+25.0% from 2017

Total participants

127

-31.0% from 2017

Average account balance

$12,296

+16.8% from 2017

Annual return

0.42%

-17.96 pp from 2017

Benchmarks

See 864 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort864 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.63M

Not enough data

1 years with asset history on file

Average account balance

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

$15K

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.

111

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.

116.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$295K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+10.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2189

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 4 by compensation

Provider	Service type	Compensation
GW LIFE & ANNUITY INS CO1 year Service code 64 8515 E. ORCHARD RD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$11,960
SEAY & WEISSINGER, LLC1 year Filed as: SEAY & WEISSINGER LLC Service code 10 358 ROSWELL ST · MARIETTA, GA 30060	Accounting	$8,200
NW MUTUAL INV SVCS1 year Service code 55 720 E WISCONSIN AVE · MILWAUKEE, WI 53202	Other Commissions	$7,529
QUALIFIED PLANS, LLC1 year Filed as: QUALIFIED PLANS LLC Service code 13 PO BOX 1768 · SAVANNAH, GA 31402	Contract Administrator	$2,408

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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$22K

$204 / participant

Contract admin$12K52.8%
Other / not subdivided$10K47.2%

% of EOY assets

2.337%

all-in expense ratio

Categories reported

1 / 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: SEAY & WEISSINGER, LLC
Auditor EIN: 611663588
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$12,296

$28,109-56.3%

$71,086-82.7%

$56,287-78.2%

Participation rate

52.3%

40.4%+11.9pp

54.7%-2.3pp

69.9%-17.5pp

Annual return

0.42%

-615.05%+615.5pp

650.59%-650.2pp

-9.96%+10.4pp

Employer contribution / active EE

$639

$558+14.7%

$1,088-41.2%

$2,111-69.7%

Participant deferral / active EE

$1,913

$1,116+71.5%

$1,874+2.1%

$3,350-42.9%

Admin fee / account holder

$287

$585-50.9%

$3,082-90.7%

$521-44.8%

Provider

Service type

Compensation

GW LIFE & ANNUITY INS CO1 year

Service code 64

8515 E. ORCHARD RD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$11,960

SEAY & WEISSINGER, LLC1 year

Filed as: SEAY & WEISSINGER LLC

Service code 10

358 ROSWELL ST · MARIETTA, GA 30060

Accounting

$8,200

NW MUTUAL INV SVCS1 year

Service code 55

720 E WISCONSIN AVE · MILWAUKEE, WI 53202

Other Commissions

$7,529

QUALIFIED PLANS, LLC1 year

Filed as: QUALIFIED PLANS LLC

Service code 13

PO BOX 1768 · SAVANNAH, GA 31402

Contract Administrator

$2,408

URBANA VARRO HOSPITALITY MANAGEMENT 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

URBANA VARRO HOSPITALITY MANAGEMENT 401(K) PROFIT SHARING 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