2023 Form 5500 filing — Professional Hospitality Resources 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 20241015145834NAL0058276194001) for Professional Hospitality Resources 401(K) Plan, reported by Professional Hospitality Resources, Inc. under EIN 54-1359656 and plan number 001. It reports 1,451 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 3 · 2023

Filing snapshot

Net assets (EOY)$26.5MReported net assets$26,545,263
Participants1.5K1,451
Provider compensation$72.1K4 Schedule C row(s)$72,110
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015145834NAL0058276194001
Plan sponsor
Professional Hospitality Resources, Inc.
EIN
54-1359656
Plan number
001
Location
Virginia Beach, VA
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$26.5M total assets
Net assets$26.5MLiabilities$0
Money in vs. money out
Total income / additions$6.4M
Total expenses$1.6M
Benefits paid / distributions$1.5M
Contributions
Employer$591.2K
Participant$1.9M
Full reported line items
Total assets (EOY)
$26,545,263
Total liabilities (EOY)
$0
Net assets (EOY)
$26,545,263
Employer contributions
$591,204
Participant contributions
$1,882,264
Total income / additions
$6,364,148
Benefits paid
$1,484,557
Administrative expenses
$42,977
Total expenses
$1,557,218
Net increase / (decrease)
$4,806,930
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    TPA · Direct $18.5K · Indirect $11.5K
  2. 2
    BROKER/ADVISOR · Direct $0 · Indirect $17K
  3. 3
    AUDITOR · Direct $14.6K
  4. 4
    RECORDKEEPER · Direct $10.5K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241015145834NAL0058276194001 cover?
It is the 2023 Form 5500 filing for Professional Hospitality Resources 401(K) Plan, reported by Professional Hospitality Resources, Inc. (EIN 54-1359656).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages