Plan Snapshot
- Plan Sponsor: Seagate Hospitality Group
- Sponsor EIN: 202710835
- Sponsor Address: 3600 HAMLET DRIVE, DELRAY BEACH, FL, 33445
- Plan Type: 401(k)
- Total Participants: 221
- Total Assets: $2.5M
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 | 221 | $2.5M | $408,683 | $640,495 |
| 2023 | 234 | $1.9M | $430,028 | $659,511 |
| 2022 | 250 | $1.1M | $462,357 | $654,955 |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $14,420 | — | $14,420 |
| SAGEVIEW ADVISORY GROUP LLC | Investment Advisor | $11,065 | — | $11,065 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
- SAGEVIEW ADVISORY GROUP LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,485
- Estimated Expense Ratio: 1.011% 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 | $25,485 | $11,065 | — | — | — |
| 2023 | $18,287 | $7,952 | — | — | — |
| 2022 | $8,435 | — | — | — | — |