Plan Snapshot
- Plan Sponsor: Spb Hospitality LLC
- Sponsor EIN: 851028712
- Sponsor Address: 19219 KATY FREEWAY, SUITE 500, HOUSTON, TX, 77094
- Plan Type: 401(k)
- Total Participants: 7,917
- Total Assets: $16.2M
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 | 7,917 | $16.2M | $403,541 | $1.9M |
| 2023 | 8,874 | $14.0M | $616,468 | $2.0M |
| 2022 | 19,140 | $10.7M | $942,839 | $2.2M |
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 ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $83,252 | — | $83,252 |
| OSAIC WEALTH INC | INVESTMENT ADVISOR | $40,681 | — | $40,681 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $19,587 | — | $19,587 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $143,520
- Estimated Expense Ratio: 0.884% 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 | $143,520 | $60,268 | — | — | — |
| 2023 | $103,898 | $57,647 | — | — | — |
| 2022 | $89,239 | — | $89,239 | — | — |