Retirement plan

W & J BUSINESS VENTURES, LLC DBA HOLIDAY INN EXPRESS LAX 401 (K) PROFIT SHARING PLAN

Name: W & J BUSINESS VENTURES, LLC DBA HOLIDAY INN EXPRESS LAX - W & J BUSINESS VENTURES, LLC DBA HOLIDAY INN EXPRESS LAX 401 (K) PROFIT SHARING PLAN (2019) Form 5500
Creator: W & J BUSINESS VENTURES, LLC DBA HOLIDAY INN EXPRESS LAX
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, W & J BUSINESS VENTURES, LLC DBA HOLIDAY INN EXPRESS LAX 401 (K) PROFIT SHARING PLAN, W & J BUSINESS VENTURES, LLC DBA HOLIDAY INN EXPRESS LAX

W & J BUSINESS VENTURES, LLC DBA HOLIDAY INN EXPRESS LAXEIN 95-4276249Plan #002PY 2019

8620 AIRPORT BLVD. - LOS ANGELES, CA 90045310-645-7700

Other plans on this EIN

1 filing

#001Retirement-$1.8M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$834K

+27.1% from 2018

Total participants

+2.1% from 2018

Average account balance

$17,019

+14.1% from 2018

Annual return

20.72%

+26.27 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

$476K

Not enough data

1 years with asset history on file

Average account balance

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

$9K

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.

117.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$255

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

+10.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$30

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 codes2E2F2G2J2T3D

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.
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.
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

$16K

$379 / participant

Other / not subdivided$16K100.0%

% of EOY assets

1.956%

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

$17,019

$34,316-50.4%

$74,723-77.2%

$72,976-76.7%

Participation rate

100.0%

42.4%+57.6pp

54.5%+45.5pp

69.5%+30.5pp

Annual return

20.72%

26.58%-5.9pp

753.18%-732.5pp

81.02%-60.3pp

Employer contribution / active EE

$917

$692+32.6%

$1,084-15.4%

$2,440-62.4%

Participant deferral / active EE

$434

$1,272-65.9%

$1,962-77.9%

$3,608-88.0%

Admin fee / account holder

$333

$2,125-84.3%

$3,335-90.0%

$5,124-93.5%

W & J BUSINESS VENTURES, LLC DBA HOLIDAY INN EXPRESS LAX 401 (K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

W & J BUSINESS VENTURES, LLC DBA HOLIDAY INN EXPRESS LAX 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