Plan Snapshot
- Plan Sponsor: Twenty4seven Hotels Corporation
- Sponsor EIN: 043706719
- Sponsor Address: 19800 MACARTHUR BLVD, IRVINE, CA, 92612
- Plan Type: 401(k)
- Total Participants: 753
- Total Assets: $1.8M
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 | 753 | $1.8M | $168,294 | $623,268 |
| 2023 | 134 | $760,951 | $74,500 | $438,903 |
| 2022 | 661 | $396,244 | $0 | $159,816 |
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. | RECORD KEEPER | $17,071 | — | $17,071 |
| REDWITZ | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,071
- Estimated Expense Ratio: 0.928% 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 | $17,071 | $7,097 | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | $627 | — | — | — | — |