Retirement plan

LUBBOCK HOSPITALITY, INC. 401K PLAN

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

LUBBOCK HOSPITALITY, INC.EIN 82-1519449Plan #001PY 2019

8906 157TH STREET - WOLFFORTH, TX 79382806-744-1564hospitalitynursing.comLinkedIn1-10 employeesretail

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$195K

+108.6% from 2018

Total participants

+2.6% from 2018

Average account balance

$5,011

+103.3% from 2018

Annual return

30.51%

+49.34 pp from 2018

Benchmarks

See 3,418 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort3,418 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.25M

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

325.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$168K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+23.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$135

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$5K

$126 / participant

Other / not subdivided$5K100.0%

% of EOY assets

2.507%

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

$5,011

$34,316-85.4%

$74,719-93.3%

$72,983-93.1%

Participation rate

100.0%

42.4%+57.6pp

54.5%+45.5pp

69.5%+30.5pp

Annual return

30.51%

26.58%+3.9pp

753.05%-722.5pp

81.01%-50.5pp

Employer contribution / active EE

$681

$692-1.5%

$1,084-37.2%

$2,440-72.1%

Participant deferral / active EE

$1,320

$1,272+3.8%

$1,963-32.7%

$3,608-63.4%

Admin fee / account holder

$126

$2,125-94.1%

$3,334-96.2%

$5,124-97.5%

LUBBOCK HOSPITALITY, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LUBBOCK HOSPITALITY, INC. 401K 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