Retirement plan

THE HOLLYWOOD ROOSEVELT HOTEL 401(K) PLAN

Name: ROOSEVELT HOTEL LLC - THE HOLLYWOOD ROOSEVELT HOTEL 401(K) PLAN (2021) Form 5500
Creator: ROOSEVELT HOTEL LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE HOLLYWOOD ROOSEVELT HOTEL 401(K) PLAN, ROOSEVELT HOTEL LLC

ROOSEVELT HOTEL LLCEIN 95-4715049Plan #002PY 2021

7000 HOLLYWOOD BLVD - LOS ANGELES, CA 90028818-859-3739rsvlt.comLinkedIn1-10 employeeseducation management

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$9.3M

+12.8% from 2020

Total participants

424

+4.7% from 2020

Average account balance

$49,597

+11.6% from 2020

Annual return

14.61%

-1.74 pp from 2020

Benchmarks

See 712 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort712 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.60M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

198

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.

31.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$641K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+13.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$178

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
LPL FINANCIAL4 years Filed as: LPL FINANCIAL RPCP Service code 27 · EIN 04-3046611	Advisory (Plan)	$20,414
ASCENSUS LLC4 years Service code 15 · EIN 11-3665754	Recordkeeping	$12,220

Plan features & details

Pension benefit codes2E3D2G2J2K2F2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$34K

$95 / participant

Investment mgmt$20K59.9%
Contract admin$12K35.8%
Other / not subdivided$1K4.3%

% of EOY assets

0.368%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PKF O'CONNOR DAVIES, LLP
Auditor EIN: 271728945
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$49,597

$30,555+62.3%

$80,741-38.6%

$86,821-42.9%

Participation rate

34.2%

37.2%-3.1pp

54.2%-20.0pp

72.3%-38.1pp

Annual return

14.61%

30.35%-15.7pp

87.30%-72.7pp

97.94%-83.3pp

Employer contribution / active EE

$459

$472-2.8%

$1,160-60.4%

$2,406-80.9%

Participant deferral / active EE

$819

$1,050-22.0%

$2,145-61.8%

$4,132-80.2%

Admin fee / account holder

$182

$135+34.6%

$3,380-94.6%

$170+7.5%

Provider

Service type

Compensation

LPL FINANCIAL4 years

Filed as: LPL FINANCIAL RPCP

Service code 27 · EIN 04-3046611

Advisory (Plan)

$20,414

ASCENSUS LLC4 years

Service code 15 · EIN 11-3665754

Recordkeeping

$12,220

THE HOLLYWOOD ROOSEVELT HOTEL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE HOLLYWOOD ROOSEVELT HOTEL 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