Crestline Hotels & Resorts, LLC 401(k) Review & Grade
Crestline Hotels & Resorts, LLC Retirement and Savings Plan
Fairfax, VAAccommodation & Food Services5,065 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$418Employer $ per active participant
$1,143Employee $ saved per active participant
0.53%Direct admin cost, % of plan assets
$66.7MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity35.9 / 5072th percentile for employer $ per participant
- Low cost3.0 / 2512th percentile for low admin cost vs. same-size plans
- Employee saving10.0 / 1567th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score49 / 100 · Grade C
This plan vs. peers
Peers: Accommodation & Food Services plans with 2,500–9,999 active participants (104 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 72th |
| Lower admin cost | 12th |
| Employee saving | 67th |
| Peers that auto-enroll | 15% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $284,481 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Crestline Hotels & Resorts put in about $418 per active participant, more than the typical peer ($244). 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 (0.53% 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.
- 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 | $2,118,912 |
| Participant (employee) contributions | $5,787,783 |
| Other contributions (incl. rollovers in) | $1,427,075 |
| Administrative expenses paid from the plan | $329,032 |
| Other admin expenses | $28,125 |
| Benefits paid out | $7,216,626 |
| Net assets, start / end of year | $58.3M / $66.7M |
| Active participants, start / end of year | 4,810 / 5,320 |
| Participants with account balances | 1,807 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $274,394 reported compensation |
| Cook Street Consulting, Inc. | $28,125 reported compensation |
| BKD | $27,562 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015145939NAL0006532032001, received 2025-10-15, EIN 52-2214429, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.