2023 Form 5500 filing — Sonesta International Hotels Corporation And Subsidiaries 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241010072532NAL0019746465001) for Sonesta International Hotels Corporation And Subsidiaries 401(K) Plan, reported by Sonesta International Hotels Corporation under EIN 45-3784316 and plan number 002. It reports 7,068 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010072532NAL0019746465001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sonesta International Hotels Corporation
- EIN
- 45-3784316
- Plan number
- 002
- Location
- Newton, MA
- Participants
- 7,068
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $127,285,459
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $127,285,459
- Employer contributions
- $5,980,663
- Participant contributions
- $14,359,226
- Total income / additions
- $42,552,823
- Benefits paid
- $12,684,675
- Administrative expenses
- $408,142
- Total expenses
- $13,123,841
- Net increase / (decrease)
- $29,428,982
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $321,689 | $2,342 |
| Regions Bank | INVESTMENT ADVISORY | $84,953 | $63 |
| Pkf O Connor Davies | ACCOUNTANT | $1,500 | $5,252 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |