Retirement plan

IHG 401(K) SAVINGS AND RETIREMENT PLAN

Name: SIX CONTINENTS HOTELS, INC. - IHG 401(K) SAVINGS AND RETIREMENT PLAN (2021) Form 5500
Creator: SIX CONTINENTS HOTELS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IHG 401(K) SAVINGS AND RETIREMENT PLAN, SIX CONTINENTS HOTELS, INC.

SIX CONTINENTS HOTELS, INC.EIN 58-2283470Plan #003PY 2021

THREE RAVINIA DRIVE, SUITE 100 - ATLANTA, GA 30346770-604-2077cpsplash.comLinkedIn5001-10000 employeeshospitality

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1050.7M

-19.9% from 2021

Total participants

15,044

-13.4% from 2021

Average account balance

$79,857

+11.3% from 2021

Annual return

31.85%

-31.85 pp from 2021

Benchmarks

See 38 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants5,000-9,999

Cohort38 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.13B

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

12,111

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.

59.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$75.47M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$47

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 10 of 11 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC2+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$484,092
SMITH, GAMBRELL & RUSSELL, LLP2+ years Service code 29 50 NORTH LAURA STREET · JACKSONVILLE, FL 32202	Legal	$45,072
SHEA LABAGH DOBBERSTEIN1 year Filed as: SHEA LEBAGH DOBBERSTEIN Service code 10 44 MONTGOMERY STREET · SAN FRANCISCO, CA 94104	Accounting	$43,698
ADP BROKER-DEALER1 year Filed as: ADP LLC Service code 14 PO BOX 842875 · BOSTON, MA 02284	Plan Administrator	$34,575
MILLIMAN, INC.2+ years Filed as: MILLIMAN Service code 27 1 PENN PLAZA · NEW YORK, NY 10119	Advisory (Plan)	$27,500
PORTFOLIO EVALUATIONS, INC.1 year Filed as: PORTFOLIO EVALUATIONS INC Service code 16 15 INDEPENDENCE BLVD · WARREN, NJ 07059	Consulting	$24,000
WINDHAM BRANNON2+ years Service code 10 3630 PEACHTREE RD · ATLANTA, GA 30326	Accounting	$22,000
PRM CONSULTING INC1 year Service code 16 1814 12TH STREET NW · WASHINGTON, DC 20009	Consulting	$16,500
FINDLEY2+ years Service code 14 PO BOX 352888 · TOLEDO, OH 43635	Plan Administrator	$12,959
ORRICK, HERRINGTON & SUTCLIFFE LLP1 year Filed as: ORRICK HERRINGTON & SUTCLIFFE LLP Service code 29 PO BOX 39000 · SAN FRANCISCO, CA 94139	Legal	$10,114

Plan features & details

Pension benefit codes2F2G2J2S2T

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$729K

$86 / participant

Investment mgmt$28K3.8%
Other / not subdivided$702K96.2%

% of EOY assets

0.069%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WINDHAM BRANNON
Auditor EIN: 581763439
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$79,857

$40,081+99.2%

$80,793-1.2%

$101,555-21.4%

Participation rate

77.8%

29.7%+48.2pp

54.2%+23.7pp

74.5%+3.3pp

Annual return

31.85%

17.61%+14.2pp

87.33%-55.5pp

21.00%+10.8pp

Employer contribution / active EE

$2,524

$391+545.1%

$1,160+117.6%

$2,972-15.1%

Participant deferral / active EE

$3,901

$1,046+272.9%

$2,144+81.9%

$4,874-20.0%

Admin fee / account holder

$55

$113-51.1%

$3,375-98.4%

$139-60.3%

Provider

Service type

Compensation

T ROWE PRICE RPS INC2+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$484,092

SMITH, GAMBRELL & RUSSELL, LLP2+ years

Service code 29

50 NORTH LAURA STREET · JACKSONVILLE, FL 32202

Legal

$45,072

SHEA LABAGH DOBBERSTEIN1 year

Filed as: SHEA LEBAGH DOBBERSTEIN

Service code 10

44 MONTGOMERY STREET · SAN FRANCISCO, CA 94104

Accounting

$43,698

ADP BROKER-DEALER1 year

Filed as: ADP LLC

Service code 14

PO BOX 842875 · BOSTON, MA 02284

Plan Administrator

$34,575

MILLIMAN, INC.2+ years

Filed as: MILLIMAN

Service code 27

1 PENN PLAZA · NEW YORK, NY 10119

Advisory (Plan)

$27,500

PORTFOLIO EVALUATIONS, INC.1 year

Filed as: PORTFOLIO EVALUATIONS INC

Service code 16

15 INDEPENDENCE BLVD · WARREN, NJ 07059

Consulting

$24,000

WINDHAM BRANNON2+ years

Service code 10

3630 PEACHTREE RD · ATLANTA, GA 30326

Accounting

$22,000

PRM CONSULTING INC1 year

Service code 16

1814 12TH STREET NW · WASHINGTON, DC 20009

Consulting

$16,500

FINDLEY2+ years

Service code 14

PO BOX 352888 · TOLEDO, OH 43635

Plan Administrator

$12,959

ORRICK, HERRINGTON & SUTCLIFFE LLP1 year

Filed as: ORRICK HERRINGTON & SUTCLIFFE LLP

Service code 29

PO BOX 39000 · SAN FRANCISCO, CA 94139

Legal

$10,114

IHG 401(K) SAVINGS AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IHG 401(K) SAVINGS AND RETIREMENT 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