Crescent Hotels & Resorts LLC 401(k) Review & Grade
Crescent Hotels & Resorts 401k Plan
Fairfax, VAOther Services7,511 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$690Employer $ per active participant
$2,046Employee $ saved per active participant
0.59%Direct admin cost, % of plan assets
$102.2MNet plan assets, end of year
$13,669Average balance per account
Score breakdown
- Employer generosity20.7 / 5041th percentile for employer $ per participant
- Low cost2.5 / 2510th percentile for low admin cost vs. same-size plans
- Employee saving6.6 / 1544th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score40 / 100 · Grade D
This plan vs. peers
Peers: Other Services plans with 2,500–9,999 active participants (42 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 41th |
| Lower admin cost | 10th |
| Employee saving | 44th |
| Peers that auto-enroll | 45% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Crescent Hotels & Resorts put in about $690 per active participant, below the typical peer ($1,132). Any match is still an instant return, so contribute enough to get all of it.
- 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 (0.59% of assets) are well above similar-size plans (0.12%). 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $5,183,836 |
| Participant (employee) contributions | $15,367,059 |
| Other contributions (incl. rollovers in) | $2,606,568 |
| Administrative expenses paid from the plan | $540,237 |
| Investment advisory & management fees | $75,000 |
| Other admin expenses | $12,784 |
| Benefits paid out | $12,777,605 |
| Net assets, start / end of year | $81.2M / $102.2M |
| Active participants, start / end of year | 6,641 / 8,381 |
| Participants with account balances | 7,476 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Matthews, Carter & Boyce, P.C. |
Largest service providers (Schedule C)
| T Rowe Price RPS Inc | $355,432 reported compensation |
| Global Retirement Partners, LLC | $75,000 reported compensation |
| Matthews, Carter and Boyce | $19,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013144815NAL0000727731001, received 2025-10-13, EIN 45-0471621, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.