Driftwood Hospitality Management, Inc. 401(K) Plan — Form 5500 plan (Driftwood Hospitality Management, 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, Driftwood Hospitality Management, Inc. 401(K) Plan is a benefit plan reported by Driftwood Hospitality Management, LLC under EIN 65-1006992 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,688 participants and $28,431,677 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Driftwood Hospitality Management, LLC
- EIN
- 65-1006992
- Plan number
- 001
- Plan type
- 2
- Location
- North Palm Beach, FL
- Latest filing year
- 2023
- Participants
- 3,688
- End-of-year plan assets
- $28,431,677
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,688 | H, C | 20241001160140NAL0003436787001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $28,431,677
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $28,431,677
- Net assets (BOY)
- $22,272,487
Income & contributions
- Employer contributions
- $788,805
- Participant contributions
- $2,674,396
- Total contributions
- $4,248,854
- Total income / additions
- $8,176,416
Expenses & distributions
- Benefits paid
- $1,714,066
- Administrative expenses
- $153,683
- Total expenses
- $2,017,226
- Net increase / (decrease)
- $6,159,190
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $82,982 | $0 | 2023 |
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $46,636 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $15,566 | not reported in the loaded dataset | 2023 |
| Assurance Dimensions | AUDITOR | $8,500 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Driftwood Hospitality Management, LLC
- 2023 Form 5500 filing
- Form 5500 filings in FL
- 401(k) and benefit plan filings in North Palm Beach, FL
- Empower Annuity Insurance Company O — Schedule C compensation
- Merrill Lynch Pierce Fenner & Smith — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Assurance Dimensions — Schedule C compensation