Plan Snapshot
- Plan Sponsor: Luxury Hotels International Of Puerto Rico, INC.
- Sponsor EIN: 743052234
- Sponsor Address: 6961 AVENUE OF THE GOVERNORS, CAROLINA, PR, 00979
- Plan Type: 401(k)
- Total Participants: 2,061
- Total Assets: $25.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,061 | $25.2M | $664,927 | $2.1M |
| 2023 | 1,506 | $21.3M | $511,526 | $1.6M |
| 2022 | 1,480 | $16.5M | $460,387 | $1.4M |
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 |
|---|---|---|---|---|
| ORIENTAL BANK | NONE | $47,286 | — | $47,286 |
| NEPC | NONE | $12,591 | — | $12,591 |
| ALIGHT SOLUTIONS LLC | NONE | $7,101 | — | $7,101 |
| ABARCA | LEGAL | $6,425 | — | $6,425 |
| COHNREZNICK LLP | Auditor | $4,000 | — | $4,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NEPC — NONE
- ALIGHT SOLUTIONS LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,403
- Estimated Expense Ratio: 0.307% 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 | $82,189 | $12,591 | — | $4,000 | — |
| 2023 | $52,426 | $7,058 | $21,158 | — | — |
| 2022 | $87,455 | — | $24,358 | — | $61,220 |