Retirement plan

PERKIOMEN VIEW HOTEL, INC. 401(K) PROFIT SHARING PLAN

Name: PERKIOMEN VIEW HOTEL, INC. - PERKIOMEN VIEW HOTEL, INC. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: PERKIOMEN VIEW HOTEL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PERKIOMEN VIEW HOTEL, INC. 401(K) PROFIT SHARING PLAN, PERKIOMEN VIEW HOTEL, INC.

PERKIOMEN VIEW HOTEL, INC.EIN 83-2067308Plan #001PY 2023

1088 ANDERS RD - COLLEGEVILLE, PA 194261008610-637-2309

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$851K

+19.1% from 2022

Total participants

+62.5% from 2022

Average account balance

$85,093

-88.1% from 2022

Annual return

21.73%

+14.19 pp from 2022

Benchmarks

See 12,888 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort12,888 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$527K

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

69.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-34.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3363

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 codes2E2G2J2T

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

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

$29K

$2198 / participant

Other / not subdivided$29K100.0%

% of EOY assets

3.358%

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

$85,093

$81,763+4.1%

$58,561+45.3%

$139,466-39.0%

Participation rate

76.9%

61.3%+15.6pp

50.9%+26.1pp

80.3%-3.4pp

Annual return

21.73%

7427.77%-7406.0pp

4251.33%-4229.6pp

373.66%-351.9pp

Employer contribution / active EE

$769

$1,398-45.0%

$1,053-27.0%

$4,754-83.8%

Participant deferral / active EE

$2,555-100.0%

$1,923-100.0%

$6,712-100.0%

Admin fee / account holder

$2,857

$3,273-12.7%

$2,520+13.4%

$11,409-75.0%

PERKIOMEN VIEW HOTEL, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PERKIOMEN VIEW HOTEL, INC. 401(K) PROFIT SHARING 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