Retirement plan

401(K) RETIREMENT PLAN FOR EMPLOYEES FOR SIX CONTINENTS HOTELS, INC

Name: 401(K) RETIREMENT PLAN FOR EMPLOYEE OF SIX CONTINENTS HOTELS, INC. - 401(K) RETIREMENT PLAN FOR EMPLOYEES FOR SIX CONTINENTS HOTELS, INC (2016) Form 5500
Creator: 401(K) RETIREMENT PLAN FOR EMPLOYEE OF SIX CONTINENTS HOTELS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) RETIREMENT PLAN FOR EMPLOYEES FOR SIX CONTINENTS HOTELS, INC, 401(K) RETIREMENT PLAN FOR EMPLOYEE OF SIX CONTINENTS HOTELS, INC.

401(K) RETIREMENT PLAN FOR EMPLOYEE OF SIX CONTINENTS HOTELS, INC.EIN 58-2283470Plan #002PY 2016

3 RAVINA DRIVE, SUITE 100 - ATLANTA, GA 30346770-604-2077cpsplash.comLinkedIn5001-10000 employeeshospitality

Other plans on this EIN

1 filing

#001Retirement-$148.3M assets

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$555.5M

-7.8% from 2016

Total participants

15,727

+0.7% from 2016

Average account balance

$54,792

-10.3% from 2016

Annual return

6.27%

-4.91 pp from 2016

Benchmarks

See 40 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants>=10,000

Cohort40 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$29.49M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-92.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Top 5 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.2+ years Service code 15 · EIN 94-1347393	Recordkeeping	$522,776
ADP BROKER-DEALER1 year Filed as: ADP, LLC Service code 49 · EIN 22-1467904	Other Services	$70,200
MILLIMAN, INC.2+ years Filed as: MILLIMAN Service code 27 · EIN 91-0675641	Advisory (Plan)	$32,190
WINDHAM BRANNON2+ years Service code 10 · EIN 58-1763439	Accounting	$22,000
MAZURSKY CONSTANTINE LLC2+ years Filed as: MAZURSKY Service code 29 · EIN 27-3547321	Legal	$15,277

Plan features & details

Pension benefit codes2E2F2G2J2K2T

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$708K

$57 / participant

Other / not subdivided$708K100.0%

% of EOY assets

0.127%

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: WINDHAM BRANNON, PC
Auditor EIN: 581763439
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,792

$35,463+54.5%

$69,182-20.8%

$329,111-83.4%

Participation rate

54.8%

34.6%+20.2pp

55.1%-0.3pp

67.9%-13.1pp

Annual return

6.27%

7.72%-1.5pp

-21.93%+28.2pp

16.35%-10.1pp

Employer contribution / active EE

$1,827

$449+306.7%

$1,206+51.4%

$2,303-20.7%

Participant deferral / active EE

$2,517

$1,018+147.3%

$1,897+32.7%

$3,682-31.6%

Admin fee / account holder

$70

$64+8.4%

$2,697-97.4%

$754-90.7%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.2+ years

Service code 15 · EIN 94-1347393

Recordkeeping

$522,776

ADP BROKER-DEALER1 year

Filed as: ADP, LLC

Service code 49 · EIN 22-1467904

Other Services

$70,200

MILLIMAN, INC.2+ years

Filed as: MILLIMAN

Service code 27 · EIN 91-0675641

Advisory (Plan)

$32,190

WINDHAM BRANNON2+ years

Service code 10 · EIN 58-1763439

Accounting

$22,000

MAZURSKY CONSTANTINE LLC2+ years

Filed as: MAZURSKY

Service code 29 · EIN 27-3547321

Legal

$15,277

401(K) RETIREMENT PLAN FOR EMPLOYEES FOR SIX CONTINENTS HOTELS, INC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) RETIREMENT PLAN FOR EMPLOYEES FOR SIX CONTINENTS HOTELS, INC

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