Retirement plan

THOMPSON HOSPITALITY 401(K) PROFIT SHARING PLAN

Name: THOMPSON HOSPITALITY CORPORATION - THOMPSON HOSPITALITY 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: THOMPSON HOSPITALITY CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THOMPSON HOSPITALITY 401(K) PROFIT SHARING PLAN, THOMPSON HOSPITALITY CORPORATION

THOMPSON HOSPITALITY CORPORATIONEIN 54-1861877Plan #001PY 2017

1741 BUSINESS CENTER DR.,STE. 200 - RESTON, VA 20190703-757-5504thompsonhospitality.comLinkedIn1001-5000 employeeshospitality

Prospect flagsLow participationLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$8.6M

+33.8% from 2016

Total participants

2,044

-6.2% from 2016

Average account balance

$25,556

+84.5% from 2016

Annual return

18.55%

+8.54 pp from 2016

Benchmarks

See 217 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants1,000-4,999

Cohort217 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.57M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

375

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.

7.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.63M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$726

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

+15.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$366

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
ADP BROKER-DEALER3+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$17,741
EDWARD JONES3+ years Service code 15 · EIN 43-0345811	Recordkeeping	$9,101
PRINCIPAL LIFE INSURANCE COMPANY1 year Service code 13 · EIN 42-0127290	Contract Administrator	$7,275
WILSHIRE ASSOCIATES INCORPORATED1 year Filed as: WILSHIRE ASSOCIATES INCORP Service code 27 · EIN 95-2755361	Advisory (Plan)	$156
GUIDED CHOICE1 year Service code 26 · EIN 77-0514963	Advisory (Participants)	$80
ADP BROKER-DEALER3+ years Filed as: ADP BROKER -DEALER Service code 59	Shareholder Servicing	$0
ADP BROKER-DEALER3+ years Service code 49 · EIN 22-3319984	Other Services	$0
ADP BROKER-DEALER1 year Filed as: ADP RECORD-KEEPER Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$23K

$11 / participant

Other / not subdivided$23K100.0%

% of EOY assets

0.268%

all-in expense ratio

Categories reported

0 / 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: BDO USA, LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,556

$41,256-38.1%

$86,581-70.5%

$77,958-67.2%

Participation rate

15.7%

63.0%-47.3pp

73.5%-57.9pp

71.6%-56.0pp

Annual return

18.55%

17.67%+0.9pp

965.06%-946.5pp

20.87%-2.3pp

Employer contribution / active EE

$433

$1,613-73.2%

$2,840-84.8%

$2,310-81.3%

Participant deferral / active EE

$308

$2,332-86.8%

$3,609-91.5%

$3,537-91.3%

Admin fee / account holder

$68

$71-3.3%

$4,904-98.6%

$97-29.7%

Provider

Service type

Compensation

ADP BROKER-DEALER3+ years

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

$17,741

EDWARD JONES3+ years

Service code 15 · EIN 43-0345811

Recordkeeping

$9,101

PRINCIPAL LIFE INSURANCE COMPANY1 year

Service code 13 · EIN 42-0127290

Contract Administrator

$7,275

WILSHIRE ASSOCIATES INCORPORATED1 year

Filed as: WILSHIRE ASSOCIATES INCORP

Service code 27 · EIN 95-2755361

Advisory (Plan)

$156

GUIDED CHOICE1 year

Service code 26 · EIN 77-0514963

Advisory (Participants)

$80

ADP BROKER-DEALER3+ years

Filed as: ADP BROKER -DEALER

Service code 59

Shareholder Servicing

ADP BROKER-DEALER3+ years

Service code 49 · EIN 22-3319984

Other Services

ADP BROKER-DEALER1 year

Filed as: ADP RECORD-KEEPER

Service code 59

Shareholder Servicing

THOMPSON HOSPITALITY 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THOMPSON HOSPITALITY 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