Buffalo Lodging Associates, LLC 401k Plan — Form 5500 plan (Buffalo Lodging Associates, LLC)

Plain-English plan 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, Buffalo Lodging Associates, LLC 401k Plan is a benefit plan reported by Buffalo Lodging Associates, LLC under EIN 16-1585175 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,335 participants and $16,458,164 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$16.5MPlan net assets, end of year$16,458,164
Participants1.3KCovered participants reported1,335
Assets / participant$12.3KComputed: assets ÷ participants$12,328 (computed)
Provider compensation$91.5K2 Schedule C provider row(s)$91,462
Plan sponsor
Buffalo Lodging Associates, LLC
EIN
16-1585175
Plan number
001
Plan type
2
Location
Canton, MA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,335H, C20241007134129NAL0026310432001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$16.5M total assets
Net assets$16.5MLiabilities$0
Money in vs. money out
Total income / additions$5.1M
Total expenses$1.3M
Benefits paid / distributions$1.2M
Contributions
Employer$743.7K
Participant$1.5M
Full reported line items

Net assets

Total assets (EOY)
$16,458,164
Total liabilities (EOY)
$0
Net assets (EOY)
$16,458,164
Net assets (BOY)
$12,634,098

Income & contributions

Employer contributions
$743,735
Participant contributions
$1,494,363
Total contributions
$2,846,594
Total income / additions
$5,148,743

Expenses & distributions

Benefits paid
$1,220,687
Administrative expenses
$91,468
Total expenses
$1,324,677
Net increase / (decrease)
$3,824,066
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 33%Participant 67%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income24%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John HancockRETAINED BY EMPLOYER$78,462$02023
Ubs Financial Services Inc.RETAINED BY EMPLOYER$13,000not reported in the loaded dataset2023

Related Form 5500 pages