Retirement plan

THE FRANCIS MARION HOTEL 401(K) PLAN

Name: FRANCIS MARION HOTEL 401(K) PLAN - THE FRANCIS MARION HOTEL 401(K) PLAN (2016) Form 5500
Creator: FRANCIS MARION HOTEL 401(K) PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE FRANCIS MARION HOTEL 401(K) PLAN, FRANCIS MARION HOTEL 401(K) PLAN

FRANCIS MARION HOTEL 401(K) PLANEIN 57-1010271Plan #001PY 2016

387 KING ST - CHARLESTON, SC 294036404843-937-9169

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$1.6M

+20.1% from 2015

Total participants

+11.4% from 2015

Average account balance

$27,200

No prior year

Annual return

11.25%

+9.26 pp from 2015

Benchmarks

See 2,826 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort2,826 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.31M

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

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.

54.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$373K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+16.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3092

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2J

Plan features

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.

Opportunity flags

1 tripped

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

$125

$3 / participant

Other / not subdivided$125100.0%

% of EOY assets

0.008%

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: ELLIOTT DAVIS DECOSIMO, LLC/PLLC
Auditor EIN: 570381582
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,200

$32,037-15.1%

$69,182-60.7%

$62,881-56.7%

Participation rate

100.0%

43.4%+56.6pp

55.1%+44.9pp

69.3%+30.7pp

Annual return

11.25%

15.16%-3.9pp

-21.93%+33.2pp

20.14%-8.9pp

Employer contribution / active EE

$1,373

$679+102.1%

$1,206+13.8%

$2,281-39.8%

Participant deferral / active EE

$2,323

$1,185+96.0%

$1,897+22.5%

$3,203-27.5%

Admin fee / account holder

$2,608-99.9%

$2,697-99.9%

$4,296-100.0%

THE FRANCIS MARION HOTEL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE FRANCIS MARION HOTEL 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