Retirement plan

HILTON 401(K) PLAN

Name: HILTON DOMESTIC OPERATING COMPANY, INC. - HILTON 401(K) PLAN (2019) Form 5500
Creator: HILTON DOMESTIC OPERATING COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HILTON 401(K) PLAN, HILTON DOMESTIC OPERATING COMPANY, INC.

HILTON DOMESTIC OPERATING COMPANY, INC.EIN 38-4009972Plan #101PY 2019

7930 JONES BRANCH DRIVE, SUITE 1100 - MCLEAN, VA 22102703-883-1000

Other plans on this EIN

1 filing

#100Retirement-$353.0M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$1800.8M

+18.2% from 2018

Total participants

43,208

-5.6% from 2018

Average account balance

$60,581

+28.1% from 2018

Annual return

22.66%

+34.29 pp from 2018

Benchmarks

See 40 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants>=10,000

Cohort40 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.30B

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

32,248

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.

83.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$161.71M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$53

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

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

Service providers

Top 8 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC3+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$1,026,577
WILLIS TOWERS WATSON US LLC1 year Filed as: TOWERS WATSON Service code 27 WILLIS TOWER · CHICAGO, IL 60606	Advisory (Plan)	$95,611
PROTECH SYSTEMS GROUP INC1 year Filed as: PROTECH SYSTEMS GROUP INC. Service code 16 3350 PLAYERS CLUB PKWY · MEMPHIS, TN 38125	Consulting	$86,719
CHERRY BEKAERT LLP3+ years Filed as: CHERRY BEKAERT Service code 10 200 SOUTH 10TH STREET · RICHMOND, VA 23261	Accounting	$52,000
ALSTON & BIRD LLP3+ years Filed as: ALSTON BIRD LLP Service code 29 PO BOX 933124 · ATLANTA, GA 31193	Legal	$44,004
KENNER COMMUNICATIONS2 years Service code 38 2896 FELIX AVE · MEMPHIS, TN 38111	Participant Communication	$41,011
QDRO CONSULTANTS COMPANY, LLC1 year Filed as: QDRO CONSULTANTS Service code 16 3071 PEARL ROAD · MEDINA, OH 44256	Consulting	$5,600
MERCER3+ years Service code 16 PO BOX 13793 · DALLAS, TX 75373	Consulting	$5,000

Plan features & details

Pension benefit codes2E2F2H2J2K2R2T3H

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$1.7M

$48 / participant

Investment mgmt$96K5.5%
Contract admin$1M59.4%
Other / not subdivided$605K35.0%

% of EOY assets

0.096%

all-in expense ratio

Categories reported

2 / 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: CHERRY BEKAERT, LLP
Auditor EIN: 560574444
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,581

$43,471+39.4%

$74,725-18.9%

$89,609-32.4%

Participation rate

62.2%

36.3%+25.9pp

54.5%+7.7pp

69.6%-7.4pp

Annual return

22.66%

24.97%-2.3pp

753.24%-730.6pp

33.65%-11.0pp

Employer contribution / active EE

$1,227

$554+121.6%

$1,084+13.1%

$2,584-52.5%

Participant deferral / active EE

$2,706

$1,177+130.0%

$1,961+38.0%

$4,222-35.9%

Admin fee / account holder

$58

$74-21.3%

$3,335-98.3%

$72-18.9%

Provider

Service type

Compensation

T ROWE PRICE RPS INC3+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$1,026,577

WILLIS TOWERS WATSON US LLC1 year

Filed as: TOWERS WATSON

Service code 27

WILLIS TOWER · CHICAGO, IL 60606

Advisory (Plan)

$95,611

PROTECH SYSTEMS GROUP INC1 year

Filed as: PROTECH SYSTEMS GROUP INC.

Service code 16

3350 PLAYERS CLUB PKWY · MEMPHIS, TN 38125

Consulting

$86,719

CHERRY BEKAERT LLP3+ years

Filed as: CHERRY BEKAERT

Service code 10

200 SOUTH 10TH STREET · RICHMOND, VA 23261

Accounting

$52,000

ALSTON & BIRD LLP3+ years

Filed as: ALSTON BIRD LLP

Service code 29

PO BOX 933124 · ATLANTA, GA 31193

Legal

$44,004

KENNER COMMUNICATIONS2 years

Service code 38

2896 FELIX AVE · MEMPHIS, TN 38111

Participant Communication

$41,011

QDRO CONSULTANTS COMPANY, LLC1 year

Filed as: QDRO CONSULTANTS

Service code 16

3071 PEARL ROAD · MEDINA, OH 44256

Consulting

$5,600

MERCER3+ years

Service code 16

PO BOX 13793 · DALLAS, TX 75373

Consulting

$5,000

HILTON 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HILTON 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