Plan Snapshot
- Plan Sponsor: The Employee Benefits Committee Four Seasons Hotels Limited
- Sponsor EIN: 980046457
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 5,945
- Total Assets: $10.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 5,945 | $10.6M | $62.4M | $10.6M |
| 2023 | 5,584 | $13.5M | $53.1M | $15.2M |
| 2022 | 5,142 | $13.2M | $46.5M | $12.9M |
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 |
|---|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE CO | Recordkeeper | $75,921,184 | — | $75,921,184 |
| HINGE HEALTH | Other Service Provider | $224,896 | — | $224,896 |
| LOCKTON COMPANIES LLC | Actuary | $164,000 | — | $164,000 |
| BUCK GLOBAL, LLC | Other Service Provider | $74,880 | — | $74,880 |
| BANK OF NEW YORK MELLON | Other Service Provider | $72,374 | — | $72,374 |
| ARMANINO, LLP | Auditor | $38,925 | — | $38,925 |
| QUEST DIAGNOSTICS HEALTH | Other Service Provider | $5,300 | — | $5,300 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $76,501,559
- Estimated Expense Ratio: 719.941% 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 | $13,799,346 | — | $13,218,972 | $38,925 | — |
| 2023 | $14,765,285 | — | $14,356,072 | $39,427 | — |
| 2022 | $8,481,468 | — | $8,214,692 | — | $266,776 |