Retirement plan

CRESTLINE HOTELS & RESORTS LLC RETIREMENT AND SAVINGS PLAN

Name: CRESTLINE HOTELS & RESORTS LLC - CRESTLINE HOTELS & RESORTS LLC RETIREMENT AND SAVINGS PLAN (2017) 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 2017

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

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$36.9M

+18.2% from 2016

Total participants

4,801

-6.9% from 2016

Average account balance

$21,572

+33.2% from 2016

Annual return

15.94%

+7.22 pp from 2016

Benchmarks

See 279 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort279 peers

Snapshot2017

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 5 by compensation

Provider	Service type	Compensation
MATRIX TRUST COMPANY3+ years Filed as: MG TRUST CO. DBA MATRIX TRUST CO. Service code 15 · EIN 75-3182674	Recordkeeping	$84,366
HURST COMPANY3+ years Service code 10 960194 GATEWAY BLVD · AMELIA ISLAND, FL 32034	Accounting	$41,000
MCCREADY & KEENE INC.2 years Service code 15 · EIN 35-0500670	Recordkeeping	$40,478
BELLWETHER CONSULTING LLC3+ years Service code 27 P.O. BOX 31 · MILLBURN, NJ 070410031	Advisory (Plan)	$26,956
SEYFARTH SHAW LLP3+ years Service code 70 · EIN 36-2152202	Consulting Fees	$16,460

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

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

$141K

$34 / participant

Investment mgmt$47K33.3%
Contract admin$40K28.7%
Other / not subdivided$54K38.0%

% of EOY assets

0.382%

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

$21,572

$25,165-14.3%

$73,550-70.7%

$77,958-72.3%

Participation rate

26.5%

36.6%-10.1pp

54.9%-28.4pp

71.6%-45.2pp

Annual return

15.94%

18.12%-2.2pp

-15.16%+31.1pp

20.87%-4.9pp

Employer contribution / active EE

$249

$395-37.1%

$1,219-79.6%

$2,310-89.2%

Participant deferral / active EE

$743

$898-17.2%

$1,804-58.8%

$3,537-79.0%

Admin fee / account holder

$82

$76+8.9%

$2,320-96.4%

$97-15.3%

Provider

Service type

Compensation

MATRIX TRUST COMPANY3+ years

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

Service code 15 · EIN 75-3182674

Recordkeeping

$84,366

HURST COMPANY3+ years

Service code 10

960194 GATEWAY BLVD · AMELIA ISLAND, FL 32034

Accounting

$41,000

MCCREADY & KEENE INC.2 years

Service code 15 · EIN 35-0500670

Recordkeeping

$40,478

BELLWETHER CONSULTING LLC3+ years

Service code 27

P.O. BOX 31 · MILLBURN, NJ 070410031

Advisory (Plan)

$26,956

SEYFARTH SHAW LLP3+ years

Service code 70 · EIN 36-2152202

Consulting Fees

$16,460

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