Plan Snapshot
- Plan Sponsor: Hospitality Partners, LLC
- Sponsor EIN: 232435492
- Sponsor Address: 4800 HAMPDEN LANE, BETHESDA, MD, 20814
- Plan Type: 401(k)
- Total Participants: 108
- Total Assets: $5.6M
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 | 108 | $5.6M | $79,760 | $139,863 |
| 2023 | 89 | $5.3M | $72,947 | $129,430 |
| 2022 | 143 | $5.9M | $43,309 | $183,982 |
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 |
|---|---|---|---|---|
| BDO USA, P.C. | Auditor | $29,800 | — | $29,800 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,800
- Estimated Expense Ratio: 0.533% 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 | $47,342 | $12,269 | — | $29,800 | — |
| 2023 | $17,325 | $16,612 | — | — | — |
| 2022 | $20,916 | — | — | — | — |