Retirement plan

CASTLE RESORTS & HOTELS 401(K) RETIREMENT PLAN

Name: CASTLE RESORTS & HOTELS, INC. - CASTLE RESORTS & HOTELS 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: CASTLE RESORTS & HOTELS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CASTLE RESORTS & HOTELS 401(K) RETIREMENT PLAN, CASTLE RESORTS & HOTELS, INC.

CASTLE RESORTS & HOTELS, INC.EIN 99-0310712Plan #001PY 2024

590-C PAIEA STREET - HONOLULU, HI 968191834808-834-0623castleresortsandhotels.comLinkedIn201-500 employeeshospitality

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$8.1M

+11.7% from 2023

Total participants

604

-1.5% from 2023

Average account balance

$30,496

+3.3% from 2023

Annual return

15.43%

+3.23 pp from 2023

Benchmarks

See 937 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort937 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.11M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

266

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.

28.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$663K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+15.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$84

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 3 by compensation

Provider	Service type	Compensation
LPL FINANCIAL4 years Service code 27 · EIN 84-0467907 P.O. BOX 502533 · SAN DIEGO, CA 92150	Advisory (Plan)	$29,688
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$6,953
TRUOG-RYDING COMPANY, INC.2 years Filed as: TROUG-RYDING COMPANY Service code 13 2659 TOWNSGATE ROAD, STE 101 · WESTLAKE VILLAGE, AZ 91361	Contract Administrator	$1,100

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

$22K

$47 / participant

Contract admin$22K100.0%

% of EOY assets

0.276%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,496

$29,525+3.3%

$56,033-45.6%

$77,736-60.8%

Participation rate

28.7%

32.7%-4.0pp

52.5%-23.8pp

70.6%-41.9pp

Annual return

15.43%

18.90%-3.5pp

1711.38%-1695.9pp

31.26%-15.8pp

Employer contribution / active EE

$358

$569-37.1%

$1,041-65.6%

$2,728-86.9%

Participant deferral / active EE

$1,040

$1,062-2.0%

$1,954-46.8%

$4,651-77.6%

Admin fee / account holder

$84

$1,040-91.9%

$2,827-97.0%

$433-80.6%

Provider

Service type

Compensation

LPL FINANCIAL4 years

Service code 27 · EIN 84-0467907

P.O. BOX 502533 · SAN DIEGO, CA 92150

Advisory (Plan)

$29,688

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$6,953

TRUOG-RYDING COMPANY, INC.2 years

Filed as: TROUG-RYDING COMPANY

Service code 13

2659 TOWNSGATE ROAD, STE 101 · WESTLAKE VILLAGE, AZ 91361

Contract Administrator

$1,100

CASTLE RESORTS & HOTELS 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CASTLE RESORTS & HOTELS 401(K) RETIREMENT 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