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T & L HOSPITALITY INC. PENSION PLAN 401k Plan overview

Plan NameT & L HOSPITALITY INC. PENSION PLAN
Plan identification number 001

T & L HOSPITALITY INC. PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Floor-offset plan - Plan benefits are subject to offset for retirement benefits provided by an employer-sponsored defined contribution plan.
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.

401k Sponsoring company profile

T & L HOSPITALITY INC. has sponsored the creation of one or more 401k plans.

Company Name:T & L HOSPITALITY INC.
Employer identification number (EIN):521865324
NAIC Classification:721110
NAIC Description:Hotels (except Casino Hotels) and Motels

Form 5500 Filing Information

Submission information for form 5500 for 401k plan T & L HOSPITALITY INC. PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01
0012023-01-01
0012022-01-01SAN TAN TSE2023-07-17
0012021-01-01SAN TAN TSE2022-10-13
0012021-01-01SAN TAN TSE2022-10-13
0012020-01-01SAN TAN TSE2021-10-11
0012020-01-01SAN TAN TSE2022-10-13
0012019-01-01SAN TAN TSE2020-10-12
0012018-01-01SAN TAN TSE2019-10-09
0012017-01-01SAN TAN TSE2018-10-07
0012016-01-01SAN TAN TSE2017-10-09
0012015-01-01SAN TAN TSE2016-10-06

Plan Statistics for T & L HOSPITALITY INC. PENSION PLAN

401k plan membership statisitcs for T & L HOSPITALITY INC. PENSION PLAN

Measure Date Value
2024: T & L HOSPITALITY INC. PENSION PLAN 2024 401k membership
Total number of particpants at beginning of year2024-09-2511
Total number of particpants at end of year2024-09-250
Total number of particpants at beginning of year2024-06-1011
Total number of particpants at end of year2024-06-1011
2022: T & L HOSPITALITY INC. PENSION PLAN 2022 401k membership
Market value of plan assets2022-12-31822,891
Acturial value of plan assets2022-12-31822,891
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-310
Fundng target for terminated vested participants2022-12-310
Active participant vested funding target2022-12-311,009,983
Number of active participants2022-12-3111
Total funding liabilities for active participants2022-12-311,009,983
Total participant count2022-12-3111
Total funding target for all participants2022-12-311,009,983
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-3128,713
Prefunding balanced used to offset prior years funding requirement2022-12-3110,011
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-3118,702
Present value of excess contributions2022-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-313,800
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-3114,904
Total employer contributions2022-12-315,081
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-314,959
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-310
Net shortfall amortization installment of oustanding balance2022-12-31201,996
Total funding amount beforereflecting carryover/prefunding balances2022-12-3119,123
Prefunding balance elected to use to offset funding requirement2022-12-3114,904
Additional cash requirement2022-12-314,219
Contributions allocatedtoward minimum required contributions for current year2022-12-314,959
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: T & L HOSPITALITY INC. PENSION PLAN 2021 401k membership
Market value of plan assets2021-12-31881,481
Acturial value of plan assets2021-12-31881,481
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-310
Fundng target for terminated vested participants2021-12-310
Active participant vested funding target2021-12-31768,108
Number of active participants2021-12-3122
Total funding liabilities for active participants2021-12-31960,135
Total participant count2021-12-3122
Total funding target for all participants2021-12-31960,135
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-3132,812
Prefunding balanced used to offset prior years funding requirement2021-12-314,105
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-3128,707
Present value of excess contributions2021-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-3128,713
Total employer contributions2021-12-310
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-310
Net shortfall amortization installment of oustanding balance2021-12-31107,367
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-3110,011
Prefunding balance elected to use to offset funding requirement2021-12-3110,011
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: T & L HOSPITALITY INC. PENSION PLAN 2020 401k membership
Market value of plan assets2020-12-31930,355
Acturial value of plan assets2020-12-31930,355
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-310
Fundng target for terminated vested participants2020-12-310
Active participant vested funding target2020-12-31717,947
Number of active participants2020-12-3131
Total funding liabilities for active participants2020-12-31897,434
Total participant count2020-12-3131
Total funding target for all participants2020-12-31897,434
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-3155,229
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-3158,062
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-310
Total employer contributions2020-12-3157,990
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-3154,900
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-310
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-3154,900
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: T & L HOSPITALITY INC. PENSION PLAN 2019 401k membership
Market value of plan assets2019-12-31706,242
Acturial value of plan assets2019-12-31706,242
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-310
Fundng target for terminated vested participants2019-12-310
Active participant vested funding target2019-12-31424,755
Number of active participants2019-12-3133
Total funding liabilities for active participants2019-12-31707,925
Total participant count2019-12-3133
Total funding target for all participants2019-12-31707,925
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-3155,101
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-3157,972
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-310
Total employer contributions2019-12-31252,039
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-31233,396
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-31177,894
Net shortfall amortization installment of oustanding balance2019-12-311,683
Total funding amount beforereflecting carryover/prefunding balances2019-12-31178,167
Additional cash requirement2019-12-31178,167
Contributions allocatedtoward minimum required contributions for current year2019-12-31233,396
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: T & L HOSPITALITY INC. PENSION PLAN 2018 401k membership
Market value of plan assets2018-12-31548,636
Acturial value of plan assets2018-12-31548,636
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-310
Fundng target for terminated vested participants2018-12-310
Active participant vested funding target2018-12-31199,273
Number of active participants2018-12-3131
Total funding liabilities for active participants2018-12-31498,182
Total participant count2018-12-3131
Total funding target for all participants2018-12-31498,182
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-3155,641
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-3158,601
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-310
Total employer contributions2018-12-31185,526
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-31172,063
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-31167,416
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31116,962
Additional cash requirement2018-12-31116,962
Contributions allocatedtoward minimum required contributions for current year2018-12-31172,063
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: T & L HOSPITALITY INC. PENSION PLAN 2017 401k membership
Market value of plan assets2017-12-31312,309
Acturial value of plan assets2017-12-31312,309
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-310
Fundng target for terminated vested participants2017-12-310
Active participant vested funding target2017-12-3159,708
Number of active participants2017-12-3125
Total funding liabilities for active participants2017-12-31298,538
Total participant count2017-12-3125
Total funding target for all participants2017-12-31298,538
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-310
Present value of excess contributions2017-12-3155,520
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3158,535
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-310
Total employer contributions2017-12-31207,016
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-31192,068
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-31150,198
Net shortfall amortization installment of oustanding balance2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31136,427
Additional cash requirement2017-12-31136,427
Contributions allocatedtoward minimum required contributions for current year2017-12-31192,068
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: T & L HOSPITALITY INC. PENSION PLAN 2016 401k membership
Market value of plan assets2016-12-31141,464
Acturial value of plan assets2016-12-31141,464
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-310
Fundng target for terminated vested participants2016-12-310
Active participant vested funding target2016-12-310
Number of active participants2016-12-311
Total funding liabilities for active participants2016-12-31138,372
Total participant count2016-12-311
Total funding target for all participants2016-12-31138,372
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-310
Present value of excess contributions2016-12-3112,193
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3112,871
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-31207,350
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-31191,990
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-31139,562
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31136,470
Additional cash requirement2016-12-31136,470
Contributions allocatedtoward minimum required contributions for current year2016-12-31191,990
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

Financial Data on T & L HOSPITALITY INC. PENSION PLAN

Measure Date Value
2024 : T & L HOSPITALITY INC. PENSION PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-25891445
Net assets as of the end of the plan year2024-09-250
Total assets as of the beginning of the plan year2024-09-25889375
Value of plan covered by a fidelity bond2024-09-2570000
Other income to plan in this plan year2024-09-252070
Plan net income in this plan year2024-09-25-889375
Net assets as of the end of the plan year2024-09-250
Net assets as of the beginning of the plan year2024-09-25889375
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-25312
Total expenses incurred by plan in this plan year2024-06-100
Net assets as of the end of the plan year2024-06-10889375
Total assets as of the beginning of the plan year2024-06-10829629
Value of plan covered by a fidelity bond2024-06-1070000
Other income to plan in this plan year2024-06-1059746
Plan net income in this plan year2024-06-1059746
Net assets as of the end of the plan year2024-06-10889375
Net assets as of the beginning of the plan year2024-06-10829629

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