Plan Snapshot
- Plan Sponsor: New Castle Hotels LLC
- Sponsor EIN: 061428405
- Sponsor Address: 641 DANBURY ROAD, 1ST FLOOR, RIDGEFIELD, CT, 06877
- Plan Type: 401(k)
- Total Participants: 1,222
- Total Assets: $14.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,222 | $14.4M | $300,994 | $1.3M |
| 2023 | 921 | $12.1M | $198,708 | $801,130 |
| 2022 | 563 | $11.6M | $126,899 | $572,604 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $35,329 | — | $35,329 |
| WELLS FARGO ADVISORS LLC | INVESTMENT ADVISOR | $23,011 | — | $23,011 |
| FUSTCHARLES LLP | AUDITOR | $14,000 | — | $14,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FUSTCHARLES LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,340
- Estimated Expense Ratio: 0.502% 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 | $40,601 | $26,933 | — | — | — |
| 2023 | $29,572 | $19,794 | — | $9,131 | — |
| 2022 | $42,229 | $27,107 | $9,122 | — | $6,000 |