Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Northwood Investors › plan 001
Northwood 401(k) Savings Plan
- Sponsor Northwood Investors
- Plan number 001
- Plan year 2023
- $50-250M in assets
- single-employer
Administrative expenses excluding investment management, per participant · Northwood 401(k) Savings Plan · plan year 2023
$307.21
Higher than 95% of the 7,895 plans $50 to 250M that report it.
Source
= $374,792 / 1,220
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241015082840NAL0015986787001, received 2024-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241015082840NAL0015986787001, received 2024-10-15
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2023-01-01 to 2023-12-31, filing received 2024-10-15.
Cost and contributions
Administrative expenses per participant
$404.58
Higher than 94% of the 8,189 plans $50 to 250M that report it.
Source
= $493,585 / 1,220
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241015082840NAL0015986787001, received 2024-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241015082840NAL0015986787001, received 2024-10-15
Administrative expenses as a share of assets
0.757%
Higher than 100% of the 8,206 plans $50 to 250M that report it.
Source
= $493,585 / $65,180,767
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241015082840NAL0015986787001, received 2024-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241015082840NAL0015986787001, received 2024-10-15
Employer contributions per participant
$2,663
Higher than 49% of the 8,268 plans $50 to 250M that report it.
Source
= $3,248,532 / 1,220
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241015082840NAL0015986787001, received 2024-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241015082840NAL0015986787001, received 2024-10-15
Employer share of total contributions
30.2%
Higher than 51% of the 8,285 plans $50 to 250M that report it.
Source
= $3,248,532 / $10,771,155
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241015082840NAL0015986787001, received 2024-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241015082840NAL0015986787001, received 2024-10-15
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20241015082840NAL0015986787001, received 2024-10-15
Full record, Northwood 401(k) Savings Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | NORTHWOOD INVESTORS LLC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Plan name | NORTHWOOD 401(K) SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Sponsor EIN / plan number | 26-0373451 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Sponsor location | DENVER, CO | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Industry (business code) | 721110, Accommodation and food services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Plan year | 2023-01-01 to 2023-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Filing received | 2024-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Participants, beginning of year | 2,277 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Active participants | 1,740 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Participants, end of year | 2,227 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Participants with an account balance | 1,220 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Total assets, beginning of year | $50,260,146 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Total assets, end of year | $65,180,767 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Net assets, end of year | $65,180,767 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Total income | $20,673,117 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Net income | $14,920,621 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Employer contributions | $3,248,532 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Participant contributions | $6,221,073 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Other contributions (incl. rollovers) | $1,301,550 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Total contributions | $10,771,155 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Benefit payments | $5,246,857 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Total expenses (incl. benefit payments) | $5,752,496 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Total administrative expenses | $493,585 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Contract administrator fees | $334,792 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| IQPA audit fees | $40,000 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Investment advisory and management fees | $118,793 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Administrative expenses excluding investment management | $374,792 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Held in mutual funds | $0 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20241015082840NAL0015986787001, received 2024-10-15 |
| Independent auditor | CLIFTONLARSONALLEN LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20241015082840NAL0015986787001, received 2024-10-15 |
Position = column in the DOL layout for form year 2023. Filing 20241015082840NAL0015986787001, received 2024-10-15.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | 13 Contract administrator | $334,792 | yes |
| MORGAN STANLEY GRAYSTONE CONSULTING | ADVISOR | 26 Investment advisory (participants) | $118,793 | no |
| CLIFTONLARSENALLEN LLP | AUDITOR | 10 Accounting (including auditing) | $40,000 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20241015082840NAL0015986787001, received 2024-10-15.
No filing for the previous plan year is in the data, so there is no year-over-year comparison.