Retirement plan

IHG 401(K) SAVINGS AND RETIREMENT PLAN

Name: SIX CONTINENTS HOTELS, INC. - IHG 401(K) SAVINGS AND RETIREMENT PLAN (2023) 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 2023

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$1022.6M

-19.9% from 2021

Total participants

16,551

-13.4% from 2021

Average account balance

$81,629

+11.3% from 2021

Annual return

18.18%

-31.85 pp from 2021

Benchmarks

See 50 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants>=10,000

Cohort50 peers

Snapshot2023

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 6 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC4+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$502,912
CAPFINANCIAL PARTNERS LLC2 years Service code 27 PO BOX 60071 · RALEIGH, NC 27675	Advisory (Plan)	$48,000
SMITH, GAMBRELL & RUSSELL, LLP4+ years Service code 29 50 NORTH LAURA STREET · JACKSONVILLE, FL 32202	Legal	$25,624
WINDHAM BRANNON4+ years Service code 10 3630 PEACHTREE RD · ATLANTA, GA 30326	Accounting	$24,000
ADP BROKER-DEALER3 years Filed as: ADP LLC Service code 49 PO BOX 842875 · BOSTON, MA 02284	Other Services	$23,925
AMERICAN REALTY ADVISORS4+ years Filed as: AMERICAN BENEFITS COUNCIL Service code 29 1501 M STREET NW · WASHINGTON, DC 20005	Legal	$5,000

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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$632K

$58 / participant

Recordkeeping$527K83.3%
Investment mgmt$48K7.6%
Legal$31K4.8%
Other / not subdivided$27K4.2%

% of EOY assets

0.062%

all-in expense ratio

Categories reported

3 / 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, LLC
Auditor EIN: 581763439
Audit fees: $24,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$81,629

$45,365+79.9%

$58,516+39.5%

$96,393-15.3%

Participation rate

62.8%

30.9%+32.0pp

50.9%+12.0pp

71.3%-8.4pp

Annual return

18.18%

20.48%-2.3pp

4253.81%-4235.6pp

22.88%-4.7pp

Employer contribution / active EE

$2,460

$584+321.0%

$1,054+133.5%

$3,239-24.0%

Participant deferral / active EE

$3,970

$1,304+204.4%

$1,923+106.5%

$5,455-27.2%

Admin fee / account holder

$50

$74-32.0%

$2,487-98.0%

$74-31.7%

Provider

Service type

Compensation

T ROWE PRICE RPS INC4+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$502,912

CAPFINANCIAL PARTNERS LLC2 years

Service code 27

PO BOX 60071 · RALEIGH, NC 27675

Advisory (Plan)

$48,000

SMITH, GAMBRELL & RUSSELL, LLP4+ years

Service code 29

50 NORTH LAURA STREET · JACKSONVILLE, FL 32202

Legal

$25,624

WINDHAM BRANNON4+ years

Service code 10

3630 PEACHTREE RD · ATLANTA, GA 30326

Accounting

$24,000

ADP BROKER-DEALER3 years

Filed as: ADP LLC

Service code 49

PO BOX 842875 · BOSTON, MA 02284

Other Services

$23,925

AMERICAN REALTY ADVISORS4+ years

Filed as: AMERICAN BENEFITS COUNCIL

Service code 29

1501 M STREET NW · WASHINGTON, DC 20005

Legal

$5,000

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