Plan Snapshot
- Plan Sponsor: Concord Hospitality Enterprises Company, LLC
- Sponsor EIN: 341578841
- Sponsor Address: 11410 COMMON OAKS DRIVE, RALEIGH, NC, 27614
- Plan Type: 401(k)
- Total Participants: 8,068
- Total Assets: $73.8M
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 | 8,068 | $73.8M | $3.4M | $7.3M |
| 2023 | 5,532 | $61.5M | $2.9M | $6.1M |
| 2022 | 4,988 | $47.6M | $2.2M | $4.6M |
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 |
|---|---|---|---|---|
| COULTER & JUSTUS | 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 | $209,774 | $86,106 | — | — | — |
| 2023 | $169,598 | $71,226 | — | — | — |
| 2022 | $222,472 | — | — | — | — |