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 Palms Hotel & Spa, Inc. 401(K) Retirement Plan is a benefit plan reported by The Palms Hotel & Spa, Inc. under EIN 65-0245113 and plan number 001. The latest loaded filing year is 2023. The filing reports 237 participants and $5,976,724 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,976,724
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,976,724
- Net assets (BOY)
- $4,925,010
Income & contributions
- Employer contributions
- $142,039
- Participant contributions
- $447,435
- Total contributions
- $605,716
- Total income / additions
- $1,318,024
Expenses & distributions
- Benefits paid
- $230,025
- Administrative expenses
- $17,844
- Total expenses
- $266,310
- Net increase / (decrease)
- $1,051,714