Twin Tier Hospitality 401(K) Plan — Form 5500 plan (Twin Tier Hospitality LLC)

Plain-English plan 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, Twin Tier Hospitality 401(K) Plan is a benefit plan reported by Twin Tier Hospitality LLC under EIN 06-1533305 and plan number 001. The latest loaded filing year is 2023. The filing reports 769 participants and $2,041,809 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$2MPlan net assets, end of year$2,041,809
Participants769Covered participants reported
Assets / participant$2.7KComputed: assets ÷ participants$2,655 (computed)
Provider compensation$79.9K1 Schedule C provider row(s)$79,911
Plan sponsor
Twin Tier Hospitality LLC
EIN
06-1533305
Plan number
001
Plan type
2
Location
Westlake, OH
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023769H, C20241014162440NAL0046799264001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$2M total assets
Net assets$2MLiabilities$0
Money in vs. money out
Total income / additions$392.1K
Total expenses$584.3K
Benefits paid / distributions$504.3K
Contributions
Employer$25.4K
Participant$99.2K
Full reported line items

Net assets

Total assets (EOY)
$2,041,809
Total liabilities (EOY)
$0
Net assets (EOY)
$2,041,809
Net assets (BOY)
$2,233,974

Income & contributions

Employer contributions
$25,369
Participant contributions
$99,242
Total contributions
$124,611
Total income / additions
$392,093

Expenses & distributions

Benefits paid
$504,347
Administrative expenses
$79,911
Total expenses
$584,258
Net increase / (decrease)
-$192,165

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Citizens & Northern BankTRUSTEE$79,911not reported in the loaded dataset2023

Related Form 5500 pages