Plan Snapshot
- Plan Sponsor: Commonwealth Lodging Management, LLC
- Sponsor EIN: 611688483
- Sponsor Address: 4198 COX ROAD, STE 200, GLEN ALLEN, VA, 23060
- Plan Type: 401(k)
- Total Participants: 427
- Total Assets: $926,578
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 | 427 | $926,578 | $62,455 | $107,807 |
| 2023 | 354 | $810,845 | $44 | $125,222 |
| 2022 | 262 | $647,012 | $47,538 | $127,207 |
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 |
|---|---|---|---|---|
| KEITER | Auditor | — | — | $0 |
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 | $209,363 | — | $13,781 | — | — |
| 2023 | $56,438 | — | $8,092 | — | — |
| 2022 | $10,836 | — | — | — | — |