Plan Snapshot
- Plan Sponsor: Hart Hotels, INC.
- Sponsor EIN: 161259410
- Sponsor Address: 617 DINGENS STREET, BUFFALO, NY, 14206
- Plan Type: 401(k)
- Total Participants: 250
- Total Assets: $9.7M
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 | 250 | $9.7M | $80,377 | $662,953 |
| 2023 | 238 | $9.0M | $82,223 | $653,698 |
| 2022 | 226 | $7.4M | $108,315 | $597,458 |
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 |
|---|---|---|---|---|
| BROCK SCHECHTER AND POLAKOFF LL | Auditor | $9,500 | — | $9,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,500
- Estimated Expense Ratio: 0.098% 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 | $47,437 | $17,521 | — | $9,500 | — |
| 2023 | $22,512 | $15,062 | — | — | — |
| 2022 | $23,083 | — | — | — | — |