Plan Snapshot
- Plan Sponsor: Sonesta International Hotels Corporation
- Sponsor EIN: 453784316
- Sponsor Address: 400 CENTRE STREET, NEWTON, MA, 024582094
- Plan Type: 401(k)
- Total Participants: 6,570
- Total Assets: $157.1M
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 | 6,570 | $157.1M | $7.0M | $16.9M |
| 2023 | 6,992 | $127.3M | $6.0M | $14.4M |
| 2022 | 5,631 | $98.6M | $4.6M | $11.4M |
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 |
|---|---|---|---|---|
| PKF O'CONNOR DAVIES, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PKF O'CONNOR DAVIES, LLP — Auditor
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 | $553,578 | $110,097 | $443,481 | — | — |
| 2023 | $408,142 | $84,953 | $321,689 | $1,500 | — |
| 2022 | $359,308 | $74,069 | $285,239 | — | — |