Plan Snapshot
- Plan Sponsor: Highgate Hotels, L.P.
- Sponsor EIN: 208725068
- Sponsor Address: 545 EAST JOHN CARPENTER FREEWAY, IRVING, TX, 75062
- Plan Type: 401(k)
- Total Participants: 10,667
- Total Assets: $171.0M
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 | 10,667 | $171.0M | $4.4M | $17.8M |
| 2023 | 10,021 | $145.8M | $4.0M | $15.5M |
| 2022 | 8,607 | $117.0M | $3.0M | $12.8M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $392,630 | — | $392,630 |
| MORGAN STANLEY GLOBAL | INVESTMENT ADVISORY | $143,766 | — | $143,766 |
| LANE GORMAN TRUBITT, LLC | ACCOUNTANT | $29,500 | — | $29,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY GLOBAL — INVESTMENT ADVISORY
- LANE GORMAN TRUBITT, LLC — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $565,896
- Estimated Expense Ratio: 0.331% 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 | $565,896 | $143,766 | $392,630 | $29,500 | — |
| 2023 | $460,400 | $119,713 | $312,187 | $28,500 | — |
| 2022 | $460,999 | $196,225 | $244,974 | — | $19,800 |