Plan Snapshot
- Plan Sponsor: Gulf Beach Hotel INC. D/B/A Perdido Beach Resort
- Sponsor EIN: 630957568
- Sponsor Address: 27200 PERDIDO BEACH BLVD, ORANGE BEACH, AL, 36561
- Plan Type: 401(k)
- Total Participants: 165
- Total Assets: $4.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 165 | $4.3M | $322,162 | $493,989 |
| 2023 | 168 | $3.0M | $287,745 | $445,522 |
| 2022 | 173 | $2.1M | $230,167 | $384,329 |
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 |
|---|---|---|---|---|
| WEAR, HOWELL, STRICKLAND, QUINN | 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 | $8,761 | — | — | — | — |
| 2023 | $9,759 | — | — | — | — |
| 2022 | $9,164 | — | — | — | — |