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PROPER HOSPITALITY 401(K) PLAN 401k Plan overview

Plan NamePROPER HOSPITALITY 401(K) PLAN
Plan identification number 001

PROPER HOSPITALITY 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PROPER HOSPITALITY LLC has sponsored the creation of one or more 401k plans.

Company Name:PROPER HOSPITALITY LLC
Employer identification number (EIN):463538198
NAIC Classification:531310

Additional information about PROPER HOSPITALITY LLC

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2013-01-23
Company Identification Number: 0801723464
Legal Registered Office Address: 3305 1/2 SPEEDWAY AUSTIN


United States of America (USA)
78705

More information about PROPER HOSPITALITY LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROPER HOSPITALITY 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01SERGE ARUTTI SERGE ARUTTI2018-10-02
0012016-01-01MICHAEL STAPLETON
0012015-01-01SERGE ARUTTI2016-10-13

Plan Statistics for PROPER HOSPITALITY 401(K) PLAN

401k plan membership statisitcs for PROPER HOSPITALITY 401(K) PLAN

Measure Date Value
2022: PROPER HOSPITALITY 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01702
Total number of active participants reported on line 7a of the Form 55002022-01-01481
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0192
Total of all active and inactive participants2022-01-01573
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-011
Total participants2022-01-01574
Number of participants with account balances2022-01-01233
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0140
2021: PROPER HOSPITALITY 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01553
Total number of active participants reported on line 7a of the Form 55002021-01-01416
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-01133
Total of all active and inactive participants2021-01-01549
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-011
Total participants2021-01-01550
Number of participants with account balances2021-01-01239
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0133
2020: PROPER HOSPITALITY 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01606
Total number of active participants reported on line 7a of the Form 55002020-01-01368
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-01117
Total of all active and inactive participants2020-01-01485
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-011
Total participants2020-01-01486
Number of participants with account balances2020-01-01204
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0151
2019: PROPER HOSPITALITY 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01304
Total number of active participants reported on line 7a of the Form 55002019-01-01458
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0174
Total of all active and inactive participants2019-01-01532
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-011
Total participants2019-01-01533
Number of participants with account balances2019-01-01170
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-016
2018: PROPER HOSPITALITY 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01314
Total number of active participants reported on line 7a of the Form 55002018-01-01286
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0122
Total of all active and inactive participants2018-01-01308
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01308
Number of participants with account balances2018-01-0167
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0118
2017: PROPER HOSPITALITY 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01177
Total number of active participants reported on line 7a of the Form 55002017-01-01240
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-019
Total of all active and inactive participants2017-01-01249
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01249
Number of participants with account balances2017-01-0134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-011
2016: PROPER HOSPITALITY 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01188
Total number of active participants reported on line 7a of the Form 55002016-01-01159
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0110
Total of all active and inactive participants2016-01-01169
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01169
Number of participants with account balances2016-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010

Financial Data on PROPER HOSPITALITY 401(K) PLAN

Measure Date Value
2022 : PROPER HOSPITALITY 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets to this plan2022-12-31$0
Total transfer of assets from this plan2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$247,903
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$746,568
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$595,203
Expenses. Certain deemed distributions of participant loans2022-12-31$20,228
Value of total corrective distributions2022-12-31$91,389
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,210,703
Value of total assets at end of year2022-12-31$4,240,300
Value of total assets at beginning of year2022-12-31$4,738,965
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$39,748
Total interest from all sources2022-12-31$7,669
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$179,564
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$179,564
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$474,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$917,031
Participant contributions at end of year2022-12-31$99,442
Participant contributions at beginning of year2022-12-31$130,371
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$162,677
Other income not declared elsewhere2022-12-31$9,585
Administrative expenses (other) incurred2022-12-31$39,748
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-498,665
Value of net assets at end of year (total assets less liabilities)2022-12-31$4,240,300
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$4,738,965
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$3,962,986
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$4,445,643
Interest on participant loans2022-12-31$7,669
Value of interest in common/collective trusts at end of year2022-12-31$177,872
Value of interest in common/collective trusts at beginning of year2022-12-31$162,951
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-1,161,588
Net investment gain or loss from common/collective trusts2022-12-31$1,970
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$130,995
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$595,203
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31PKF O'CONNOR DAVIES LLP
Accountancy firm EIN2022-12-31271728945
2021 : PROPER HOSPITALITY 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total transfer of assets to this plan2021-12-31$0
Total transfer of assets from this plan2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$1,540,552
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$279,852
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$231,489
Expenses. Certain deemed distributions of participant loans2021-12-31$11,818
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$888,140
Value of total assets at end of year2021-12-31$4,738,965
Value of total assets at beginning of year2021-12-31$3,478,265
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$36,545
Total interest from all sources2021-12-31$6,529
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$274,158
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$274,158
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$348,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$685,336
Participant contributions at end of year2021-12-31$130,371
Participant contributions at beginning of year2021-12-31$70,405
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$87,492
Other income not declared elsewhere2021-12-31$9,322
Administrative expenses (other) incurred2021-12-31$36,545
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$1,260,700
Value of net assets at end of year (total assets less liabilities)2021-12-31$4,738,965
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$3,478,265
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$4,445,643
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$3,261,554
Interest on participant loans2021-12-31$6,529
Value of interest in common/collective trusts at end of year2021-12-31$162,951
Value of interest in common/collective trusts at beginning of year2021-12-31$146,306
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$360,939
Net investment gain or loss from common/collective trusts2021-12-31$1,464
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$115,312
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$231,489
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31PKF O'CONNOR DAVIES LLP
Accountancy firm EIN2021-12-31271728945
2020 : PROPER HOSPITALITY 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$0
Total transfer of assets from this plan2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$1,065,313
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$620,159
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$581,468
Expenses. Certain deemed distributions of participant loans2020-12-31$5,209
Value of total corrective distributions2020-12-31$4,281
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$650,395
Value of total assets at end of year2020-12-31$3,478,265
Value of total assets at beginning of year2020-12-31$3,033,111
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$29,201
Total interest from all sources2020-12-31$4,667
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$109,471
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$109,471
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$304,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$436,266
Participant contributions at end of year2020-12-31$70,405
Participant contributions at beginning of year2020-12-31$23,159
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$141,178
Other income not declared elsewhere2020-12-31$9,927
Administrative expenses (other) incurred2020-12-31$29,201
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$445,154
Value of net assets at end of year (total assets less liabilities)2020-12-31$3,478,265
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$3,033,111
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$3,261,554
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$2,888,783
Interest on participant loans2020-12-31$4,667
Value of interest in common/collective trusts at end of year2020-12-31$146,306
Value of interest in common/collective trusts at beginning of year2020-12-31$121,169
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$288,687
Net investment gain or loss from common/collective trusts2020-12-31$2,166
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$72,951
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$581,468
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31PKF O'CONNOR DAVIES, LLP
Accountancy firm EIN2020-12-31271728945
2019 : PROPER HOSPITALITY 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total transfer of assets to this plan2019-12-31$2,499,080
Total transfer of assets to this plan2019-12-31$2,499,080
Total transfer of assets from this plan2019-12-31$0
Total transfer of assets from this plan2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$713,904
Total income from all sources (including contributions)2019-12-31$713,904
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$392,824
Total of all expenses incurred2019-12-31$392,824
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$377,222
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$377,222
Expenses. Certain deemed distributions of participant loans2019-12-31$3,055
Expenses. Certain deemed distributions of participant loans2019-12-31$3,055
Value of total corrective distributions2019-12-31$7,152
Value of total corrective distributions2019-12-31$7,152
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$480,634
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$480,634
Value of total assets at end of year2019-12-31$3,033,111
Value of total assets at end of year2019-12-31$3,033,111
Value of total assets at beginning of year2019-12-31$212,951
Value of total assets at beginning of year2019-12-31$212,951
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$5,395
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$5,395
Total interest from all sources2019-12-31$2,101
Total interest from all sources2019-12-31$2,101
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$128,979
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$128,979
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$128,979
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$128,979
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$381,180
Contributions received from participants2019-12-31$381,180
Participant contributions at end of year2019-12-31$23,159
Participant contributions at end of year2019-12-31$23,159
Participant contributions at beginning of year2019-12-31$2,479
Participant contributions at beginning of year2019-12-31$2,479
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$30,272
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$30,272
Other income not declared elsewhere2019-12-31$4,260
Other income not declared elsewhere2019-12-31$4,260
Administrative expenses (other) incurred2019-12-31$5,395
Administrative expenses (other) incurred2019-12-31$5,395
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$321,080
Value of net income/loss2019-12-31$321,080
Value of net assets at end of year (total assets less liabilities)2019-12-31$3,033,111
Value of net assets at end of year (total assets less liabilities)2019-12-31$3,033,111
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$212,951
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$212,951
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$2,888,783
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$2,888,783
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$210,472
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$210,472
Interest on participant loans2019-12-31$2,101
Interest on participant loans2019-12-31$2,101
Value of interest in common/collective trusts at end of year2019-12-31$121,169
Value of interest in common/collective trusts at end of year2019-12-31$121,169
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$96,627
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$96,627
Net investment gain or loss from common/collective trusts2019-12-31$1,303
Net investment gain or loss from common/collective trusts2019-12-31$1,303
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$69,182
Contributions received in cash from employer2019-12-31$69,182
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$377,222
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$377,222
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31PKF O'CONNOR DAVIES, LLP
Accountancy firm name2019-12-31PKF O'CONNOR DAVIES, LLP
Accountancy firm EIN2019-12-31271728945
Accountancy firm EIN2019-12-31271728945
2018 : PROPER HOSPITALITY 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets to this plan2018-12-31$0
Total transfer of assets from this plan2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$184,079
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$151,447
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$148,545
Expenses. Certain deemed distributions of participant loans2018-12-31$1,296
Value of total corrective distributions2018-12-31$1,206
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$199,942
Value of total assets at end of year2018-12-31$212,951
Value of total assets at beginning of year2018-12-31$180,319
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$400
Total interest from all sources2018-12-31$121
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$8,976
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$8,976
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$19,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$174,813
Participant contributions at end of year2018-12-31$2,479
Participant contributions at beginning of year2018-12-31$1,983
Administrative expenses (other) incurred2018-12-31$400
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$32,632
Value of net assets at end of year (total assets less liabilities)2018-12-31$212,951
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$180,319
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$210,472
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$178,336
Interest on participant loans2018-12-31$121
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-24,960
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$25,129
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$148,545
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31PKF O'CONNOR DAVIES, LLP
Accountancy firm EIN2018-12-31271728945
2017 : PROPER HOSPITALITY 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total transfer of assets to this plan2017-12-31$0
Total transfer of assets from this plan2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$101,068
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$31,978
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$31,413
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$80,445
Value of total assets at end of year2017-12-31$180,319
Value of total assets at beginning of year2017-12-31$111,229
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$565
Total interest from all sources2017-12-31$92
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$5,401
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$5,401
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$12,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$55,170
Participant contributions at end of year2017-12-31$1,983
Participant contributions at beginning of year2017-12-31$96
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$23,345
Administrative expenses (other) incurred2017-12-31$565
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$69,090
Value of net assets at end of year (total assets less liabilities)2017-12-31$180,319
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$111,229
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$178,336
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$111,133
Interest on participant loans2017-12-31$92
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$15,130
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$1,930
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$31,413
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31PKF O'CONNOR DAVIES, LLP
Accountancy firm EIN2017-12-31271728945
2016 : PROPER HOSPITALITY 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total transfer of assets to this plan2016-12-31$0
Total transfer of assets from this plan2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$31,377
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$125
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$23,969
Value of total assets at end of year2016-12-31$111,229
Value of total assets at beginning of year2016-12-31$79,977
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$125
Total interest from all sources2016-12-31$8
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$4,392
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$4,392
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$8,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$23,969
Participant contributions at end of year2016-12-31$96
Administrative expenses (other) incurred2016-12-31$125
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$31,252
Value of net assets at end of year (total assets less liabilities)2016-12-31$111,229
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$79,977
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$111,133
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$79,977
Interest on participant loans2016-12-31$8
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$3,008
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31PKF O'CONNOR DAVIES, LLP
Accountancy firm EIN2016-12-31271728945

Form 5500 Responses for PROPER HOSPITALITY 401(K) PLAN

2022: PROPER HOSPITALITY 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: PROPER HOSPITALITY 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedYes
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: PROPER HOSPITALITY 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: PROPER HOSPITALITY 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: PROPER HOSPITALITY 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: PROPER HOSPITALITY 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: PROPER HOSPITALITY 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

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