Plan Snapshot
- Plan Sponsor: Board Of Trustees Hospitality Industry 401k Plan
- Sponsor EIN: 522231158
- Sponsor Address: 911 RIDGEBROOK ROAD, SPARKS, MD, 211520000
- Plan Type: DC
- Total Participants: 5,781
- Total Assets: $54.1M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 5,781 | $54.1M | $0 | $5.3M |
| 2023 | 5,357 | $46.5M | $0 | $4.4M |
| 2022 | 5,291 | $39.2M | $0 | $3.8M |
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 |
|---|---|---|---|---|
| ASSOCIATED ADMINISTRATORS LLC | NONE | $246,497 | — | $246,497 |
| EMPOWER ANNUITY INSURANCE COMPANY | NONE | $102,810 | — | $102,810 |
| NOVAK FRANCELLA, LLC | NONE | $12,477 | — | $12,477 |
| BREDHOFF & KAISER | NONE | $8,295 | — | $8,295 |
| MEKETA INVESTMENT GROUP INC | NONE | $5,000 | — | $5,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — NONE
- BREDHOFF & KAISER — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $375,079
- Estimated Expense Ratio: 0.693% 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 | $213,642 | $5,000 | $167,110 | $12,250 | — |
| 2023 | $613,378 | $5,000 | $189,614 | $11,600 | — |
| 2022 | $243,648 | — | $178,682 | — | $47,181 |