Retirement plan

CRESTLINE HOTELS & RESORTS LLC RETIREMENT AND SAVINGS PLAN

Name: CRESTLINE HOTELS & RESORTS, LLC - CRESTLINE HOTELS & RESORTS LLC RETIREMENT AND SAVINGS PLAN (2015) Form 5500
Creator: CRESTLINE HOTELS & RESORTS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CRESTLINE HOTELS & RESORTS LLC RETIREMENT AND SAVINGS PLAN, CRESTLINE HOTELS & RESORTS, LLC

CRESTLINE HOTELS & RESORTS, LLCEIN 52-2214429Plan #001PY 2015

3950 UNIVERSITY DRIVE, SUITE 301 - FAIRFAX, VA 22030571-529-6100crestlinehotels.comLinkedIn5001-10000 employeeshospitality

Prospect flagsLow participationFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$27.9M

No prior year

Total participants

4,263

No prior year

Average account balance

$16,578

No prior year

Annual return

0.47%

No prior year

Benchmarks

See 281 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort281 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$66.68M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

22.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.91M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+13.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$182

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
MCCREADY & KEENE INC.1+ years Filed as: MCCREADY & KEENE, INC. Service code 15 · EIN 35-0500670	Recordkeeping	$73,888
MERRILL LYNCH PIERCE FENNER & SMITH1+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085	Recordkeeping	$36,850
ADP BROKER-DEALER1+ years Filed as: ADP INC. Service code 50 · EIN 22-3006057	Direct Payment	$36,225
SEYFARTH SHAW LLP1+ years Service code 70 · EIN 36-2152202	Consulting Fees	$26,908
BELLWETHER CONSULTING LLC1+ years Service code 70 P.O. BOX 31 · MILLBURN, NJ 070410031	Consulting Fees	$25,835
HURST COMPANY1+ years Service code 10 960194 GATEWAY BLVD · AMELIA ISLAND, FL 32034	Accounting	$22,000
MATRIX TRUST COMPANY1+ years Filed as: MG TRUST CO. DBA MATRIX TRUST CO. Service code 18 · EIN 75-3182674	Investment management fees paid direc...	$10,987
ESMERELDA KIRKPATRICK1+ years Service code 70 · EIN 15-6345615	Consulting Fees	$10,850

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$206K

$57 / participant

Investment mgmt$133K64.7%
Contract admin$42K20.3%
Other / not subdivided$31K15.1%

% of EOY assets

0.738%

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: THE HURST COMPANY, CPAS. P.A.
Auditor EIN: 202926841
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,578

$21,965-24.5%

$59,496-72.1%

$59,188-72.0%

Participation rate

28.2%

32.6%-4.4pp

54.6%-26.4pp

69.4%-41.2pp

Annual return

0.47%

22.15%-21.7pp

182.05%-181.6pp

5.51%-5.0pp

Employer contribution / active EE

$239

$316-24.6%

$1,153-79.3%

$2,098-88.6%

Participant deferral / active EE

$674

$732-7.8%

$1,829-63.1%

$3,265-79.3%

Admin fee / account holder

$122

$74+64.4%

$2,232-94.5%

$92+32.6%

Provider

Service type

Compensation

MCCREADY & KEENE INC.1+ years

Filed as: MCCREADY & KEENE, INC.

Service code 15 · EIN 35-0500670

Recordkeeping

$73,888

MERRILL LYNCH PIERCE FENNER & SMITH1+ years

Filed as: MERRILL LYNCH, PIERCE, FENNER AND S

Service code 15 · EIN 13-5674085

Recordkeeping

$36,850

ADP BROKER-DEALER1+ years

Filed as: ADP INC.

Service code 50 · EIN 22-3006057

Direct Payment

$36,225

SEYFARTH SHAW LLP1+ years

Service code 70 · EIN 36-2152202

Consulting Fees

$26,908

BELLWETHER CONSULTING LLC1+ years

Service code 70

P.O. BOX 31 · MILLBURN, NJ 070410031

Consulting Fees

$25,835

HURST COMPANY1+ years

Service code 10

960194 GATEWAY BLVD · AMELIA ISLAND, FL 32034

Accounting

$22,000

MATRIX TRUST COMPANY1+ years

Filed as: MG TRUST CO. DBA MATRIX TRUST CO.

Service code 18 · EIN 75-3182674

Investment management fees paid direc...

$10,987

ESMERELDA KIRKPATRICK1+ years

Service code 70 · EIN 15-6345615

Consulting Fees

$10,850

CRESTLINE HOTELS & RESORTS LLC RETIREMENT AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CRESTLINE HOTELS & RESORTS LLC RETIREMENT AND SAVINGS 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