Plan Snapshot
- Plan Sponsor: Providence Hospitality Partners LLC
- Sponsor EIN: 841610444
- Sponsor Address: 1888 NORTH SHERMAN STREET SUITE 610, DENVER, CO, 80203
- Plan Type: 401(k)
- Total Participants: 434
- Total Assets: $2.7M
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 | 434 | $2.7M | $119,998 | $314,112 |
| 2023 | 275 | $2.3M | $105,602 | $263,062 |
| 2022 | 371 | $2.0M | $106,175 | $263,914 |
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 ADVISORY GROUP LLC | Investment Advisor | $7,625 | — | $7,625 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,625
- Estimated Expense Ratio: 0.283% 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 | $16,154 | — | — | — | — |
| 2023 | $7,857 | $7,369 | — | — | — |
| 2022 | $33,079 | $6,716 | $788 | — | $25,575 |