Plan Snapshot
- Plan Sponsor: Ace Hotel Group, LLC
- Sponsor EIN: 201164931
- Sponsor Address: 7 W 30TH STREET, NEW YORK, NY, 10001
- Plan Type: 401(k)
- Total Participants: 219
- Total Assets: $10.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 219 | $10.7M | $472,118 | $926,105 |
| 2023 | 450 | $10.5M | $593,080 | $1.0M |
| 2022 | 423 | $9.3M | $386,989 | $664,227 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $29,234 | — | $29,234 |
| J.P. MORGAN SECURITIES LLC | Investment Advisor | $26,748 | — | $26,748 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
- J.P. MORGAN SECURITIES LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,982
- Estimated Expense Ratio: 0.522% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $55,982 | $26,748 | — | — | — |
| 2023 | $54,625 | $19,066 | — | — | — |
| 2022 | $5,247 | — | — | — | — |