The Hersha Hospitality Management 401(K) Plan — Form 5500 plan (Hersha Hospitality Management, L.P.)
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, The Hersha Hospitality Management 401(K) Plan is a benefit plan reported by Hersha Hospitality Management, L.P. under EIN 23-2947379 and plan number 001. The latest loaded filing year is 2023. The filing reports 9,086 participants and $59,658,501 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hersha Hospitality Management, L.P.
- EIN
- 23-2947379
- Plan number
- 001
- Plan type
- 2
- Location
- Philadelphia, PA
- Latest filing year
- 2023
- Participants
- 9,086
- End-of-year plan assets
- $59,658,501
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 9,086 | H, C | 20241002095821NAL0008115521001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $59,658,501
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $59,658,501
- Net assets (BOY)
- $43,564,875
Income & contributions
- Employer contributions
- $1,822,455
- Participant contributions
- $9,612,550
- Total contributions
- $13,125,858
- Total income / additions
- $21,646,130
Expenses & distributions
- Benefits paid
- $5,347,093
- Administrative expenses
- $118,777
- Total expenses
- $5,552,504
- Net increase / (decrease)
- $16,093,626
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $36,237 | $0 | 2023 |
| Creative Planning Holdco LLC | CONSULTANT | $31,518 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $27,722 | not reported in the loaded dataset | 2023 |
| Boles Metzger Brosius & Walborn Pc | ACCOUNTANT/AUDITOR | $13,000 | not reported in the loaded dataset | 2023 |
| Lockton Retirement Services | CONSULTANT | $10,300 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Hersha Hospitality Management, L.P.
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Philadelphia, PA
- Fidelity Investments Institutional — Schedule C compensation
- Creative Planning Holdco LLC — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation
- Boles Metzger Brosius & Walborn Pc — Schedule C compensation
- Lockton Retirement Services — Schedule C compensation