Retirement plan

HANSA HOSPITALITY, INC. 401 (K) PROFIT SHARING PLAN

Name: HANSA HOSPITALITY, INC. - HANSA HOSPITALITY, INC. 401 (K) PROFIT SHARING PLAN (2019) Form 5500
Creator: HANSA HOSPITALITY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HANSA HOSPITALITY, INC. 401 (K) PROFIT SHARING PLAN, HANSA HOSPITALITY, INC.

HANSA HOSPITALITY, INC.EIN 65-1225974Plan #001PY 2019

28980 OLD TOWN FRONT ST. - TEMECULA, CA 92590951-676-8770

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$206K

+117.7% from 2018

Total participants

0.0% from 2018

Average account balance

$29,481

+117.7% from 2018

Annual return

22.41%

+22.41 pp from 2018

Benchmarks

See 7,711 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort7,711 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$901K

Not enough data

1 years with asset history on file

Average account balance

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

$100K

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.

33.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$107K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$187

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 codes2E2F2G2J3D

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.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,481

$108,701-72.9%

$74,723-60.5%

$152,909-80.7%

Participation rate

26.1%

65.4%-39.3pp

54.5%-28.4pp

82.5%-56.4pp

Annual return

22.41%

114.12%-91.7pp

753.18%-730.8pp

345.46%-323.1pp

Employer contribution / active EE

$456

$1,504-69.7%

$1,084-57.9%

$4,764-90.4%

Participant deferral / active EE

$3,471

$2,709+28.2%

$1,962+77.0%

$5,851-40.7%

Admin fee / account holder

$4,906-100.0%

$3,335-100.0%

$11,601-100.0%

HANSA HOSPITALITY, INC. 401 (K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

HANSA HOSPITALITY, INC. 401 (K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion