Retirement plan

THE MARRIOTT INTERNATIONAL, INC. PUERTO RICO RETIREMENT PLAN

Name: LUXURY HOTELS INTERNATIONAL OF PUERTO RICO, INC. - THE MARRIOTT INTERNATIONAL, INC. PUERTO RICO RETIREMENT PLAN (2019) Form 5500
Creator: LUXURY HOTELS INTERNATIONAL OF PUERTO RICO, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE MARRIOTT INTERNATIONAL, INC. PUERTO RICO RETIREMENT PLAN, LUXURY HOTELS INTERNATIONAL OF PUERTO RICO, INC.

LUXURY HOTELS INTERNATIONAL OF PUERTO RICO, INC.EIN 74-3052234Plan #001PY 2019

6961 AVENUE OF THE GOVERNORS, ISLA VERDE - CAROLINA, PR 00979787-253-1700

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$11M

+19.4% from 2018

Total participants

1,142

+21.9% from 2018

Average account balance

$20,245

+31.7% from 2018

Annual return

21.99%

-22.37 pp from 2018

Benchmarks

See 284 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort284 peers

Snapshot2019

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 3 by compensation

Provider	Service type	Compensation
ALIGHT SOLUTIONS LLC3 years Filed as: ALIGHT Service code 15 · EIN 82-1061233	Recordkeeping	$17,129
ORIENTAL BANK1 year Service code 16 · EIN 66-0559436	Consulting	$14,767
MAYER HOFFMAN MCCANN P.C.1 year Filed as: MAYER HOFFMAN MCCANN PC Service code 10 · EIN 43-1947695	Accounting	$12,500

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

$48K

$47 / participant

Contract admin$17K35.6%
Other / not subdivided$31K64.4%

% of EOY assets

0.436%

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: MAYER HOFFMAN MCCANN PC
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,245

$26,479-23.5%

$74,722-72.9%

$77,775-74.0%

Participation rate

41.2%

37.6%+3.6pp

54.5%-13.2pp

73.2%-32.0pp

Annual return

21.99%

38.31%-16.3pp

753.11%-731.1pp

32.58%-10.6pp

Employer contribution / active EE

$216

$440-50.9%

$1,084-80.1%

$2,504-91.4%

Participant deferral / active EE

$594

$1,074-44.7%

$1,963-69.8%

$3,966-85.0%

Admin fee / account holder

$88

$119-25.8%

$3,335-97.4%

$100-11.7%

Provider

Service type

Compensation

ALIGHT SOLUTIONS LLC3 years

Filed as: ALIGHT

Service code 15 · EIN 82-1061233

Recordkeeping

$17,129

ORIENTAL BANK1 year

Service code 16 · EIN 66-0559436

Consulting

$14,767

MAYER HOFFMAN MCCANN P.C.1 year

Filed as: MAYER HOFFMAN MCCANN PC

Service code 10 · EIN 43-1947695

Accounting

$12,500

THE MARRIOTT INTERNATIONAL, INC. PUERTO RICO RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE MARRIOTT INTERNATIONAL, INC. PUERTO RICO 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