Plan Snapshot
- Plan Sponsor: Hersha Hospitality Limited Partnership
- Sponsor EIN: 251823761
- Sponsor Address: 2001 MARKET STREET, PHILADELPHIA, PA, 19103
- Plan Type: 401(k)
- Total Participants: 24
- Total Assets: $3.1M
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 | 24 | $3.1M | $44,550 | $240,524 |
| 2023 | 22 | $2.5M | $43,865 | $238,254 |
| 2022 | 22 | $2.0M | $41,099 | $210,133 |