Plan Snapshot
- Plan Sponsor: Avocet Hospitality Group INC
- Sponsor EIN: 821523151
- Sponsor Address: 174 E BAY ST STE 202, CHARLESTON, SC, 29401
- Plan Type: 401(k)
- Total Participants: 178
- Total Assets: $3.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 178 | $3.0M | $217,751 | $540,736 |
| 2023 | 176 | $2.3M | $240,948 | $511,835 |
| 2022 | 200 | $1.4M | $197,996 | $408,305 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $42,779 | $27,773 | — | — | — |
| 2023 | $21,830 | $18,584 | — | — | — |
| 2022 | $8,810 | — | — | — | — |