Retirement plan

SNK LODGING, INC. DISCRETIONARY DEFINED CONTRIBUTION/401(K) PLAN

Name: SNK LODGING, INC. - SNK LODGING, INC. DISCRETIONARY DEFINED CONTRIBUTION/401(K) PLAN (2020) Form 5500
Creator: SNK LODGING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SNK LODGING, INC. DISCRETIONARY DEFINED CONTRIBUTION/401(K) PLAN, SNK LODGING, INC.

SNK LODGING, INC.EIN 77-0406880Plan #001PY 2020

636 N. MAIN STREET - BISHOP, CA 93514760-872-2423LinkedIn11-50 employeeshospitality

Other plans on this EIN

1 filing

#002Retirement-$1.6M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$2M

+15.2% from 2019

Total participants

+10.5% from 2019

Average account balance

$96,303

+4.2% from 2019

Annual return

14.53%

-3.76 pp from 2019

Benchmarks

See 8,281 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort8,281 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.62M

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.

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.

164.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$90K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+9.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1972

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 codes2E2F2G2J

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$14K

$1403 / participant

Other / not subdivided$14K100.0%

% of EOY assets

0.694%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$96,303

$108,285-11.1%

$77,552+24.2%

$158,982-39.4%

Participation rate

100.0%

64.4%+35.6pp

54.2%+45.8pp

82.0%+18.0pp

Annual return

14.53%

31.69%-17.2pp

54.82%-40.3pp

302.99%-288.5pp

Employer contribution / active EE

$1,184

$1,325-10.6%

$987+20.0%

$4,763-75.1%

Participant deferral / active EE

$2,455-100.0%

$1,861-100.0%

$5,983-100.0%

Admin fee / account holder

$668

$3,709-82.0%

$2,859-76.6%

$11,252-94.1%

SNK LODGING, INC. DISCRETIONARY DEFINED CONTRIBUTION/401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SNK LODGING, INC. DISCRETIONARY DEFINED CONTRIBUTION/401(K) 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