Ascent Hospitality Management Co., L.L.C. 401(k) Review & Grade
Ascent Hospitality 401(k) Plan
Buford, GAAccommodation & Food Services645 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$369Employer $ per active participant
$498Employee $ saved per active participant
2.15%Direct admin cost, % of plan assets
$529,767Net plan assets, end of year
$1,149Average balance per account
Score breakdown
- Employer generosity30.4 / 5061th percentile for employer $ per participant
- Low cost0.3 / 251th percentile for low admin cost vs. same-size plans
- Employee saving4.5 / 1530th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-5 pts1 issue reported on the filing
Total score30 / 100 · Grade D
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 61th |
| Lower admin cost | 1th |
| Employee saving | 30th |
| Peers that auto-enroll | 17% |
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Red flags from the filing
No fidelity bond: the plan reported it was not covered by a fidelity bond, which protects participants against theft.
What to do if you're in this plan
- Ascent Hospitality Management Co. put in about $369 per active participant, more than the typical peer ($266). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (2.15% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $237,692 |
| Participant (employee) contributions | $321,015 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $11,367 |
| Investment advisory & management fees | $11,367 |
| Benefits paid out | $17,523 |
| Net assets, start / end of year | $0 / $529,767 |
| Active participants, start / end of year | 756 / 534 |
| Participants with account balances | 461 |
| Auto-enrollment (feature code 2S) | Not reported |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $6,503 reported compensation |
| Wilshire Advisors LLC | $0 reported compensation |
| Morningstar Investment Management L | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014082450NAL0003368976001, received 2025-10-14, EIN 26-3435892, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.