Plan Snapshot
- Plan Sponsor: Sage Hospitality Resources, LLC
- Sponsor EIN: 841273343
- Sponsor Address: 1809 BLAKE ST. STE 200, DENVER, CO, 80202
- Plan Type: 401(k)
- Total Participants: 6,053
- Total Assets: $81.3M
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 | 6,053 | $81.3M | $2.5M | $8.4M |
| 2023 | 5,481 | $70.6M | $1.4M | $6.8M |
| 2022 | 5,178 | $56.5M | $1.2M | $5.6M |
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 |
|---|---|---|---|---|
| PLANTE AND MORAN, PLLC | Auditor | $25,000 | — | $25,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,000
- Estimated Expense Ratio: 0.031% 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 | $298,280 | $45,000 | $225,280 | $25,000 | — |
| 2023 | $304,395 | $60,000 | $219,145 | $25,250 | — |
| 2022 | $280,531 | — | $213,531 | — | $67,000 |