Plan Snapshot
- Plan Sponsor: North Point Hospitality Group
- Sponsor EIN: 582235479
- Sponsor Address: 3405 PIEDMONT RD NE STE 550, ATLANTA, GA, 303054819
- Plan Type: 401(k)
- Total Participants: 158
- Total Assets: $5.8M
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 | 158 | $5.8M | $247,037 | $451,234 |
| 2023 | 154 | $4.6M | $227,550 | $403,782 |
| 2022 | 140 | $3.8M | $203,790 | $338,705 |
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 | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $199,998 | — | $35,092 | — | — |
| 2023 | $439,642 | — | $27,849 | — | — |
| 2022 | $23,673 | $13,009 | $10,664 | — | — |