Omni Hotels Management Corporation 401(k) Review & Grade
Omni Hotels 401(k) Retirement Savings Plan
Dallas, TXAccommodation & Food Services15,542 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$633Employer $ per active participant
$1,282Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$258.1MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity35.0 / 5070th percentile for employer $ per participant
- Low cost7.3 / 2529th percentile for low admin cost vs. same-size plans
- Employee saving9.4 / 1562th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score55 / 100 · Grade C
This plan vs. peers
Peers: Accommodation & Food Services plans with 10,000+ active participants (41 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 70th |
| Lower admin cost | 29th |
| Employee saving | 62th |
| Peers that auto-enroll | 24% |
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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
- Omni Hotels Management put in about $633 per active participant, more than the typical peer ($393). 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 (0.14% of assets) are well above similar-size plans (0.09%). 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 | $9,844,820 |
| Participant (employee) contributions | $19,917,258 |
| Other contributions (incl. rollovers in) | $5,074,493 |
| Administrative expenses paid from the plan | $356,531 |
| Contract administrator fees | $356,531 |
| Benefits paid out | $37,990,132 |
| Net assets, start / end of year | $235.3M / $258.1M |
| Active participants, start / end of year | 15,074 / 16,009 |
| Participants with account balances | 5,860 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Farmer Fuqua & Huff, P.C. |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $333,968 reported compensation |
| Principal Life Insurance Company | $139,244 reported compensation |
| Steptoe & Johnson PLLC | $5,513 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008094604NAL0013401762001, received 2025-10-08, EIN 02-0325957, plan #005, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.