Plan Snapshot
- Plan Sponsor: Spire Hospitality, LLC
- Sponsor EIN: 363087906
- Sponsor Address: 122 W. JOHN CARPENTER FREEWAY, IRVING, TX, 75039
- Plan Type: 401(k)
- Total Participants: 1,905
- Total Assets: $22.0M
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 | 1,905 | $22.0M | $483,854 | $2.6M |
| 2023 | 2,317 | $21.1M | $473,234 | $2.4M |
| 2022 | 1,840 | $16.9M | $357,926 | $2.0M |
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 | $85,433 | — | $85,433 |
| FLAGSTAR ADVISORS INC | INVESTMENT ADVISOR | $55,036 | — | $55,036 |
| CITRIN COOPERMAN & COMPANY LLP | AUDITOR | $46,200 | — | $46,200 |
| CITRIN COOPERMAN AND CO. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $186,669
- Estimated Expense Ratio: 0.847% 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 | $214,594 | — | — | — | — |
| 2023 | $135,087 | — | $135,087 | — | — |
| 2022 | $135,208 | $42,242 | $57,741 | — | $35,000 |