Plan Snapshot
- Plan Sponsor: Ceres, LLC D/B/A Prime Hospitality Group
- Sponsor EIN: 263187444
- Sponsor Address: 8425 WOODFIELD CROSSING, INDIANAPOLIS, IN, 46240
- Plan Type: 401(k)
- Total Participants: 971
- Total Assets: $6.5M
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 | 971 | $6.5M | $330,526 | $1.6M |
| 2023 | 901 | $4.6M | $306,239 | $1.3M |
| 2022 | 659 | $2.8M | $227,168 | $997,352 |
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 |
|---|---|---|---|---|
| AMERICAN PENSION ADVISORS, LTD. | Recordkeeper | $69,450 | — | $69,450 |
| NATIONWIDE | Custodian / Trustee | $66,571 | — | $66,571 |
| CBIZ BENEFITS & INS SERVICES INC | Other Service Provider | $12,905 | — | $12,905 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — Custodian / Trustee
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $148,926
- Estimated Expense Ratio: 2.289% 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 | $84,063 | — | $69,447 | — | — |
| 2023 | $99,865 | — | $99,865 | — | — |
| 2022 | $102,099 | — | $102,099 | — | — |