Retirement plan

HIGH WIND HOSPITALITY, LLC 401(K) PLAN

Name: HIGH WIND HOSPITALITY, LLC - HIGH WIND HOSPITALITY, LLC 401(K) PLAN (2021) Form 5500
Creator: HIGH WIND HOSPITALITY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HIGH WIND HOSPITALITY, LLC 401(K) PLAN, HIGH WIND HOSPITALITY, LLC

HIGH WIND HOSPITALITY, LLCEIN 82-1978987Plan #001PY 2021

11504 TOPEKA AVENUE - LUBBOCK, TX 79424254-405-3120

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$448K

+47.7% from 2020

Total participants

+14.3% from 2020

Average account balance

$27,991

+29.2% from 2020

Annual return

17.59%

-12.52 pp from 2020

Benchmarks

See 9,302 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort9,302 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$897K

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

141.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$191K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+16.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$815

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$14K

$851 / participant

Other / not subdivided$14K100.0%

% of EOY assets

3.041%

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

$27,991

$110,551-74.7%

$80,741-65.3%

$167,536-83.3%

Participation rate

100.0%

64.0%+36.0pp

54.2%+45.8pp

82.1%+17.9pp

Annual return

17.59%

120.57%-103.0pp

87.30%-69.7pp

478.82%-461.2pp

Employer contribution / active EE

$2,061

$1,543+33.6%

$1,160+77.6%

$4,839-57.4%

Participant deferral / active EE

$4,493

$2,870+56.5%

$2,145+109.4%

$6,342-29.2%

Admin fee / account holder

$851

$4,547-81.3%

$3,380-74.8%

$12,315-93.1%

HIGH WIND HOSPITALITY, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HIGH WIND HOSPITALITY, LLC 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