Retirement plan

ACCOR 401(K) PLAN

Name: ACCOR MANAGEMENT US, INC. - ACCOR 401(K) PLAN (2020) Form 5500
Creator: ACCOR MANAGEMENT US, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACCOR 401(K) PLAN, ACCOR MANAGEMENT US, INC.

ACCOR MANAGEMENT US, INC.EIN 98-0209359Plan #001PY 2020

416-874-2738

Prospect flagsLow participationFailed to transmit contributionsCorrective distributions

Top hat statement on fileNQDC

Filed December 10, 2005

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$314.7M

-7.2% from 2021

Total participants

10,623

+5.8% from 2021

Average account balance

$62,007

-17.9% from 2021

Annual return

37.44%

+24.18 pp from 2021

Benchmarks

See 44 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants5,000-9,999

Cohort44 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$372.94M

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

4,975

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.

40.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$28.79M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+15.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$154

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

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Service providers

Top 10 of 13 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Service code 49 · EIN 04-1590850	Other Services	$735,964
MMA SECURITIES LLC1+ years Filed as: MARSH & MCLENNAN AGENCY LLC Service code 27 · EIN 36-1436000	Advisory (Plan)	$198,036
MOSS ADAMS LLP1+ years Service code 10 · EIN 91-0189318	Accounting	$79,675
AB FUNDS1+ years Service code 52 · EIN 13-4071393	Indirect Investment Fees	$0
AMERICAN FUNDS1+ years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
BLACKROCK1+ years Service code 52 · EIN 51-0318674	Indirect Investment Fees	$0
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Filed as: FIDELITY INVESTMENTS Service code 52 · EIN 04-3365630	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY1+ years Filed as: JP MORGAN Service code 52 · EIN 26-3613641	Indirect Investment Fees	$0
MFS INVESTMENT MANAGEMENT1+ years Service code 52 · EIN 04-3158862	Indirect Investment Fees	$0
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: PUTNAM Service code 52 · EIN 04-6407893	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3H2T

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1.0M

$111 / participant

Investment mgmt$852K84.0%
Contract admin$82K8.1%
Other / not subdivided$80K7.9%

% of EOY assets

0.322%

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: MOSS ADAMS
Auditor EIN: 770106234
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,007

$33,283+86.3%

$77,557-20.0%

$93,223-33.5%

Participation rate

39.3%

33.8%+5.5pp

54.2%-14.9pp

74.9%-35.6pp

Annual return

37.44%

16.24%+21.2pp

54.83%-17.4pp

19.29%+18.2pp

Employer contribution / active EE

$517

$311+66.1%

$987-47.6%

$2,680-80.7%

Participant deferral / active EE

$1,098

$886+23.9%

$1,861-41.0%

$4,563-75.9%

Admin fee / account holder

$200

$97+106.0%

$2,860-93.0%

$79+152.3%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Service code 49 · EIN 04-1590850

Other Services

$735,964

MMA SECURITIES LLC1+ years

Filed as: MARSH & MCLENNAN AGENCY LLC

Service code 27 · EIN 36-1436000

Advisory (Plan)

$198,036

MOSS ADAMS LLP1+ years

Service code 10 · EIN 91-0189318

Accounting

$79,675

AB FUNDS1+ years

Service code 52 · EIN 13-4071393

Indirect Investment Fees

AMERICAN FUNDS1+ years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

BLACKROCK1+ years

Service code 52 · EIN 51-0318674

Indirect Investment Fees

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Filed as: FIDELITY INVESTMENTS

Service code 52 · EIN 04-3365630

Indirect Investment Fees

MORGAN STANLEY SMITH BARNEY1+ years

Filed as: JP MORGAN

Service code 52 · EIN 26-3613641

Indirect Investment Fees

MFS INVESTMENT MANAGEMENT1+ years

Service code 52 · EIN 04-3158862

Indirect Investment Fees

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: PUTNAM

Service code 52 · EIN 04-6407893

Indirect Investment Fees

ACCOR 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACCOR 401(K) PLAN

Top hat statement on fileNQDC

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