Montage Hotels and Resorts, LLC 401(k) Review & Grade
Montage Hotels & Resorts 401(k) Plan
Irvine, CAAccommodation & Food Services4,128 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,258Employer $ per active participant
$2,728Employee $ saved per active participant
0.23%Direct admin cost, % of plan assets
$112.7MNet plan assets, end of year
$43,120Average balance per account
Score breakdown
- Employer generosity46.1 / 5092th percentile for employer $ per participant
- Low cost7.4 / 2530th percentile for low admin cost vs. same-size plans
- Employee saving13.8 / 1592th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score70 / 100 · Grade B
This plan vs. peers
Peers: Accommodation & Food Services plans with 2,500–9,999 active participants (104 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 92th |
| Lower admin cost | 30th |
| Employee saving | 92th |
| Peers that auto-enroll | 15% |
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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
- Montage Hotels and Resorts put in about $1,258 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 (0.23% 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 | $5,193,706 |
| Participant (employee) contributions | $11,263,942 |
| Other contributions (incl. rollovers in) | $1,583,040 |
| Administrative expenses paid from the plan | $235,928 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $63,530 |
| Benefits paid out | $10,778,296 |
| Net assets, start / end of year | $91.4M / $112.7M |
| Active participants, start / end of year | 3,814 / 4,443 |
| Participants with account balances | 2,614 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Holthouse Carlin & Van Trigt, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $165,673 reported compensation |
| Capfinancial Partners, LLC | $34,543 reported compensation |
| Strategic Advisors, Inc. | $28,987 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250709101347NAL0012782274001, received 2025-07-09, EIN 03-0387343, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.