2023 Form 5500 filing — Newport Hotel Group, LLC 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240830091543NAL0023567808001) for Newport Hotel Group, LLC 401(K) Plan, reported by Newport Hotel Group, LLC under EIN 06-1486013 and plan number 002. It reports 150 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240830091543NAL0023567808001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Newport Hotel Group, LLC
- EIN
- 06-1486013
- Plan number
- 002
- Location
- Middletown, RI
- Participants
- 150
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,586,060
- Total liabilities (EOY)
- $38,961
- Net assets (EOY)
- $5,547,099
- Employer contributions
- $23,749
- Participant contributions
- $404,586
- Total income / additions
- $1,202,544
- Benefits paid
- $258,785
- Administrative expenses
- $33,052
- Total expenses
- $295,347
- Net increase / (decrease)
- $907,197
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $23,560 | $0 |
| Global Retirement Partners LLC | INVESTMENT ADVISOR | $7,500 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,992 | not reported in the loaded dataset |