Plan Snapshot
- Plan Sponsor: Hmc Hospitality Group, INC.
- Sponsor EIN: 593081926
- Sponsor Address: 107 HAMPTON ROAD, CLEARWATER, FL, 33759
- Plan Type: 401(k)
- Total Participants: 143
- Total Assets: $7.7M
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 | 143 | $7.7M | $80,065 | $634,089 |
| 2023 | 145 | $8.0M | $78,345 | $605,154 |
| 2022 | 139 | $6.7M | $78,425 | $554,523 |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | Auditor | $16,800 | — | $16,800 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,800
- Estimated Expense Ratio: 0.217% 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 | $73,988 | — | $6,514 | $16,800 | — |
| 2023 | $68,118 | — | $7,381 | $15,750 | — |
| 2022 | $9,160 | — | $9,160 | — | — |