Retirement plan

THE RITZ-CARLTON HOTEL COMPANY SAN JUAN, INC. RETIREMENT PLAN

Name: LUXURY HOTELS INTERNATIONAL OF PUERTO RICO, INC. - THE RITZ-CARLTON HOTEL COMPANY SAN JUAN, INC. RETIREMENT PLAN (2016) Form 5500
Creator: LUXURY HOTELS INTERNATIONAL OF PUERTO RICO, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE RITZ-CARLTON HOTEL COMPANY SAN JUAN, INC. RETIREMENT PLAN, LUXURY HOTELS INTERNATIONAL OF PUERTO RICO, INC.

LUXURY HOTELS INTERNATIONAL OF PUERTO RICO, INC.EIN 74-3052234Plan #001PY 2016

787-253-1700

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$7.8M

+8.3% from 2015

Total participants

1,128

-1.1% from 2015

Average account balance

$16,782

-9.7% from 2015

Annual return

7.45%

+7.01 pp from 2015

Benchmarks

See 284 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort284 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$25.24M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

962

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.

36.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.74M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+15.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$85

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 2 by compensation

Provider	Service type	Compensation
HEWITT ASSOCIATES LLC2+ years Service code 15 · EIN 36-2235791	Recordkeeping	$15,342
ABARCA & ASSOCIATES P.S.C.1 year Service code 29 PO BOX 13928 · SAN JUAN, PR 009083928	Legal	$5,844

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$27K

$25 / participant

Contract admin$15K56.9%
Other / not subdivided$12K43.1%

% of EOY assets

0.346%

all-in expense ratio

Categories reported

1 / 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: COHN REZNICK
Auditor EIN: 221478099
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,782

$22,291-24.7%

$69,182-75.7%

$63,975-73.8%

Participation rate

38.5%

35.3%+3.3pp

55.1%-16.6pp

71.1%-32.6pp

Annual return

7.45%

9.30%-1.9pp

-21.93%+29.4pp

48.65%-41.2pp

Employer contribution / active EE

$135

$325-58.6%

$1,206-88.8%

$2,182-93.8%

Participant deferral / active EE

$653

$808-19.1%

$1,897-65.6%

$3,356-80.5%

Admin fee / account holder

$58

$73-20.5%

$2,697-97.8%

$70-17.6%

Provider

Service type

Compensation

HEWITT ASSOCIATES LLC2+ years

Service code 15 · EIN 36-2235791

Recordkeeping

$15,342

ABARCA & ASSOCIATES P.S.C.1 year

Service code 29

PO BOX 13928 · SAN JUAN, PR 009083928

Legal

$5,844

THE RITZ-CARLTON HOTEL COMPANY SAN JUAN, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE RITZ-CARLTON HOTEL COMPANY SAN JUAN, INC. 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