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NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 401k Plan overview

Plan NameNEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST
Plan identification number 001

NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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

NEWPORT HOSPITALITY GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name:NEWPORT HOSPITALITY GROUP, INC.
Employer identification number (EIN):541603776
NAIC Classification:721110
NAIC Description:Hotels (except Casino Hotels) and Motels

Additional information about NEWPORT HOSPITALITY GROUP, INC.

Jurisdiction of Incorporation: Virginia Secretary of State
Incorporation Date: 1991-10-29
Company Identification Number: 0383093
Legal Registered Office Address: 4290 NEW TOWN AVE

WILLIAMSBURG
United States of America (USA)
23188

More information about NEWPORT HOSPITALITY GROUP, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01CINDY BROWNING CINDY BROWNING2018-10-15
0012016-01-01CINDY BROWNING CINDY BROWNING2017-10-16
0012015-01-01CINDY BROWNING CINDY BROWNING2016-10-12
0012014-01-01CINDY BROWNING CINDY BROWNING2015-10-15
0012013-01-01CINDY BROWNING CINDY BROWNING2014-10-17
0012012-01-01CINDY BROWNING
0012011-01-01CINDY BROWNING
0012010-01-01SHERI BLACK
0012009-01-01SHERI BLACK

Plan Statistics for NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST

401k plan membership statisitcs for NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST

Measure Date Value
2023: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2023 401k membership
Total participants, beginning-of-year2023-01-01984
Total number of active participants reported on line 7a of the Form 55002023-01-010
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-010
Total of all active and inactive participants2023-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-010
Number of participants with account balances2023-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2022 401k membership
Total participants, beginning-of-year2022-01-011,409
Total number of active participants reported on line 7a of the Form 55002022-01-01933
Number of retired or separated participants receiving benefits2022-01-012
Number of other retired or separated participants entitled to future benefits2022-01-0146
Total of all active and inactive participants2022-01-01981
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01981
Number of participants with account balances2022-01-01981
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-01144
2021: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2021 401k membership
Total participants, beginning-of-year2021-01-011,676
Total number of active participants reported on line 7a of the Form 55002021-01-011,499
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-01143
Total of all active and inactive participants2021-01-011,642
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-011,642
Number of participants with account balances2021-01-01381
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0128
2020: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2020 401k membership
Total participants, beginning-of-year2020-01-011,238
Total number of active participants reported on line 7a of the Form 55002020-01-011,411
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0177
Total of all active and inactive participants2020-01-011,488
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-011,488
Number of participants with account balances2020-01-01282
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0182
2019: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2019 401k membership
Total participants, beginning-of-year2019-01-01553
Total number of active participants reported on line 7a of the Form 55002019-01-01475
Number of retired or separated participants receiving benefits2019-01-0110
Number of other retired or separated participants entitled to future benefits2019-01-0151
Total of all active and inactive participants2019-01-01536
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01536
Number of participants with account balances2019-01-01139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-018
2018: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2018 401k membership
Total participants, beginning-of-year2018-01-01630
Total number of active participants reported on line 7a of the Form 55002018-01-01471
Number of retired or separated participants receiving benefits2018-01-014
Number of other retired or separated participants entitled to future benefits2018-01-0150
Total of all active and inactive participants2018-01-01525
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01525
Number of participants with account balances2018-01-01134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-018
2017: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2017 401k membership
Total participants, beginning-of-year2017-01-01570
Total number of active participants reported on line 7a of the Form 55002017-01-01478
Number of retired or separated participants receiving benefits2017-01-016
Number of other retired or separated participants entitled to future benefits2017-01-0153
Total of all active and inactive participants2017-01-01537
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01537
Number of participants with account balances2017-01-01134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-014
2016: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2016 401k membership
Total participants, beginning-of-year2016-01-01440
Total number of active participants reported on line 7a of the Form 55002016-01-01399
Number of retired or separated participants receiving benefits2016-01-015
Number of other retired or separated participants entitled to future benefits2016-01-0141
Total of all active and inactive participants2016-01-01445
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01445
Number of participants with account balances2016-01-01119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-016
2015: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2015 401k membership
Total participants, beginning-of-year2015-01-01432
Total number of active participants reported on line 7a of the Form 55002015-01-01240
Number of retired or separated participants receiving benefits2015-01-015
Number of other retired or separated participants entitled to future benefits2015-01-0145
Total of all active and inactive participants2015-01-01290
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01290
Number of participants with account balances2015-01-01124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0117
2014: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2014 401k membership
Total participants, beginning-of-year2014-01-01518
Total number of active participants reported on line 7a of the Form 55002014-01-01394
Number of retired or separated participants receiving benefits2014-01-013
Number of other retired or separated participants entitled to future benefits2014-01-0154
Total of all active and inactive participants2014-01-01451
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01451
Number of participants with account balances2014-01-01129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0117
2013: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2013 401k membership
Total participants, beginning-of-year2013-01-01549
Total number of active participants reported on line 7a of the Form 55002013-01-01513
Number of retired or separated participants receiving benefits2013-01-011
Number of other retired or separated participants entitled to future benefits2013-01-0133
Total of all active and inactive participants2013-01-01547
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01547
Number of participants with account balances2013-01-01133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0113
2012: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2012 401k membership
Total participants, beginning-of-year2012-01-01396
Total number of active participants reported on line 7a of the Form 55002012-01-01330
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0126
Total of all active and inactive participants2012-01-01356
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01356
Number of participants with account balances2012-01-01122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0110
2011: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-01386
Total number of active participants reported on line 7a of the Form 55002011-01-01388
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0117
Total of all active and inactive participants2011-01-01405
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01405
Number of participants with account balances2011-01-01106
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-018
2010: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2010 401k membership
Total participants, beginning-of-year2010-01-01373
Total number of active participants reported on line 7a of the Form 55002010-01-01341
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0113
Total of all active and inactive participants2010-01-01354
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01354
Number of participants with account balances2010-01-01353
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-0180
2009: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-01364
Total number of active participants reported on line 7a of the Form 55002009-01-01381
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0115
Total of all active and inactive participants2009-01-01396
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01396
Number of participants with account balances2009-01-0187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-016

Financial Data on NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST

Measure Date Value
2023 : NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2023 401k financial data
Total transfer of assets from this plan2023-06-30$4,557,201
Total income from all sources (including contributions)2023-06-30$571,584
Total of all expenses incurred2023-06-30$642,534
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-06-30$593,847
Expenses. Certain deemed distributions of participant loans2023-06-30$0
Value of total corrective distributions2023-06-30$31,949
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-06-30$510,230
Value of total assets at end of year2023-06-30$0
Value of total assets at beginning of year2023-06-30$4,628,151
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-06-30$16,738
Total interest from all sources2023-06-30$2,483
Total dividends received (eg from common stock, registered investment company shares)2023-06-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-06-30No
Total dividends received from registered investment company shares (eg mutual funds)2023-06-30$0
Was this plan covered by a fidelity bond2023-06-30Yes
Value of fidelity bond cover2023-06-30$500,000
If this is an individual account plan, was there a blackout period2023-06-30Yes
Were there any nonexempt tranactions with any party-in-interest2023-06-30No
Contributions received from participants2023-06-30$226,489
Participant contributions at end of year2023-06-30$0
Participant contributions at beginning of year2023-06-30$63,470
Participant contributions at end of year2023-06-30$0
Participant contributions at beginning of year2023-06-30$0
Income. Received or receivable in cash from other sources (including rollovers)2023-06-30$220,599
Value of other receiveables (less allowance for doubtful accounts) at end of year2023-06-30$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2023-06-30$0
Total non interest bearing cash at end of year2023-06-30$0
Total non interest bearing cash at beginning of year2023-06-30$20,823
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-06-30No
Value of net income/loss2023-06-30$-70,950
Value of net assets at end of year (total assets less liabilities)2023-06-30$0
Value of net assets at beginning of year (total assets less liabilities)2023-06-30$4,628,151
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2023-06-30No
Were any leases to which the plan was party in default or uncollectible2023-06-30No
Value of interest in pooled separate accounts at end of year2023-06-30$0
Value of interest in pooled separate accounts at beginning of year2023-06-30$4,429,968
Interest on participant loans2023-06-30$2,483
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2023-06-30$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2023-06-30$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2023-06-30$113,890
Expenses. Payments to insurance carriers foe the provision of benefits2023-06-30$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-06-30$58,871
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-06-30No
Was there a failure to transmit to the plan any participant contributions2023-06-30Yes
Has the plan failed to provide any benefit when due under the plan2023-06-30No
Contributions received in cash from employer2023-06-30$63,142
Employer contributions (assets) at end of year2023-06-30$0
Employer contributions (assets) at beginning of year2023-06-30$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-06-30$593,847
Contract administrator fees2023-06-30$16,738
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32023-06-30Yes
Did the plan have assets held for investment2023-06-30No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-06-30Yes
Opinion of an independent qualified public accountant for this plan2023-06-30Unqualified
Accountancy firm name2023-06-30PBMARES LLP
Accountancy firm EIN2023-06-30540737372
2022 : NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2022 401k financial data
Total transfer of assets from this plan2022-12-31$4,688,372
Total income from all sources (including contributions)2022-12-31$783,332
Total of all expenses incurred2022-12-31$442,671
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$351,066
Expenses. Certain deemed distributions of participant loans2022-12-31$8,649
Value of total corrective distributions2022-12-31$33,639
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,497,019
Value of total assets at end of year2022-12-31$4,628,151
Value of total assets at beginning of year2022-12-31$8,975,862
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$49,317
Total interest from all sources2022-12-31$2,664
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
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$0
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
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$709,678
Participant contributions at end of year2022-12-31$63,470
Participant contributions at beginning of year2022-12-31$62,626
Participant contributions at end of year2022-12-31$0
Participant contributions at beginning of year2022-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$543,168
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2022-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$0
Total non interest bearing cash at end of year2022-12-31$20,823
Total non interest bearing cash at beginning of year2022-12-31$25,126
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
Income. Non cash contributions2022-12-31$0
Value of net income/loss2022-12-31$340,661
Value of net assets at end of year (total assets less liabilities)2022-12-31$4,628,151
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$8,975,862
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 pooled separate accounts at end of year2022-12-31$4,429,968
Value of interest in pooled separate accounts at beginning of year2022-12-31$8,710,177
Interest on participant loans2022-12-31$2,664
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$113,890
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$177,933
Expenses. Payments to insurance carriers foe the provision of benefits2022-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-716,351
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 contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$244,173
Employer contributions (assets) at end of year2022-12-31$0
Employer contributions (assets) at beginning of year2022-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$351,066
Contract administrator fees2022-12-31$49,317
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 name2022-12-31PBMARES LLP
Accountancy firm EIN2022-12-31540737372
2021 : NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$2,035,000
Total of all expenses incurred2021-12-31$725,467
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$591,996
Expenses. Certain deemed distributions of participant loans2021-12-31$20,895
Value of total corrective distributions2021-12-31$45,886
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,080,417
Value of total assets at end of year2021-12-31$8,975,862
Value of total assets at beginning of year2021-12-31$7,666,329
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$66,690
Total interest from all sources2021-12-31$3,782
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
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$0
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
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$757,342
Participant contributions at end of year2021-12-31$62,626
Participant contributions at beginning of year2021-12-31$105,512
Participant contributions at end of year2021-12-31$0
Participant contributions at beginning of year2021-12-31$24,599
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$243,349
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$0
Administrative expenses (other) incurred2021-12-31$0
Total non interest bearing cash at end of year2021-12-31$25,126
Total non interest bearing cash at beginning of year2021-12-31$23,465
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$1,309,533
Value of net assets at end of year (total assets less liabilities)2021-12-31$8,975,862
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$7,666,329
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 pooled separate accounts at end of year2021-12-31$8,710,177
Value of interest in pooled separate accounts at beginning of year2021-12-31$7,327,375
Interest on participant loans2021-12-31$0
Income. Interest from loans (other than to participants)2021-12-31$3,782
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$177,933
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$185,378
Expenses. Payments to insurance carriers foe the provision of benefits2021-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$950,801
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 contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$79,726
Employer contributions (assets) at end of year2021-12-31$0
Employer contributions (assets) at beginning of year2021-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$591,996
Contract administrator fees2021-12-31$66,690
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 name2021-12-31PBMARES LLP
Accountancy firm EIN2021-12-31540737372
2020 : NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2020 401k financial data
Total income from all sources (including contributions)2020-12-31$4,951,520
Total of all expenses incurred2020-12-31$1,090,047
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$948,152
Expenses. Certain deemed distributions of participant loans2020-12-31$0
Value of total corrective distributions2020-12-31$81,514
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$4,294,391
Value of total assets at end of year2020-12-31$7,666,329
Value of total assets at beginning of year2020-12-31$3,804,856
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$60,381
Total interest from all sources2020-12-31$7,081
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
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$0
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31Yes
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$599,688
Participant contributions at end of year2020-12-31$105,512
Participant contributions at beginning of year2020-12-31$52,797
Participant contributions at end of year2020-12-31$0
Participant contributions at beginning of year2020-12-31$27,494
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$3,660,714
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$165
Total non interest bearing cash at end of year2020-12-31$23,465
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$3,861,473
Value of net assets at end of year (total assets less liabilities)2020-12-31$7,666,329
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$3,804,856
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$7,351,974
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$3,682,919
Value of interest in pooled separate accounts at end of year2020-12-31$7,327,375
Value of interest in pooled separate accounts at beginning of year2020-12-31$3,682,919
Interest on participant loans2020-12-31$7,081
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$3,994
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$3,994
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$185,378
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$28,565
Expenses. Payments to insurance carriers foe the provision of benefits2020-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$650,048
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$33,989
Employer contributions (assets) at end of year2020-12-31$0
Employer contributions (assets) at beginning of year2020-12-31$8,922
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$948,152
Contract administrator fees2020-12-31$60,381
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31Yes
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 name2020-12-31PBMARES LLP
Accountancy firm EIN2020-12-31540737372
2019 : NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$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 income from all sources (including contributions)2019-12-31$1,060,321
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$361,330
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$329,756
Expenses. Certain deemed distributions of participant loans2019-12-31$2,784
Value of total corrective distributions2019-12-31$28,790
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$401,916
Value of total assets at end of year2019-12-31$3,804,856
Value of total assets at beginning of year2019-12-31$3,105,865
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$0
Total interest from all sources2019-12-31$1,502
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
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
Contributions received from participants2019-12-31$292,469
Participant contributions at end of year2019-12-31$52,797
Participant contributions at beginning of year2019-12-31$41,951
Participant contributions at end of year2019-12-31$27,494
Participant contributions at beginning of year2019-12-31$22,620
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$9,613
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$165
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$82
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$698,991
Value of net assets at end of year (total assets less liabilities)2019-12-31$3,804,856
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$3,105,865
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 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$3,682,919
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$3,014,768
Interest on participant loans2019-12-31$1,502
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$3,994
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$28,565
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$18,886
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$656,903
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
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$99,834
Employer contributions (assets) at end of year2019-12-31$8,922
Employer contributions (assets) at beginning of year2019-12-31$7,558
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$329,756
Contract administrator fees2019-12-31$0
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
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
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31PBMARES LLP
Accountancy firm EIN2019-12-31540737372
2018 : NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$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$281,683
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$503,008
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$440,317
Expenses. Certain deemed distributions of participant loans2018-12-31$33,587
Value of total corrective distributions2018-12-31$22,475
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$490,309
Value of total assets at end of year2018-12-31$3,105,865
Value of total assets at beginning of year2018-12-31$3,327,190
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$6,629
Total interest from all sources2018-12-31$1,831
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
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$284,232
Participant contributions at end of year2018-12-31$41,951
Participant contributions at beginning of year2018-12-31$95,936
Participant contributions at end of year2018-12-31$22,620
Participant contributions at beginning of year2018-12-31$26,834
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$111,993
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$82
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$3,610
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-221,325
Value of net assets at end of year (total assets less liabilities)2018-12-31$3,105,865
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$3,327,190
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$3,014,768
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$3,177,546
Interest on participant loans2018-12-31$1,831
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$2,792
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$2,792
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$18,886
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$10,913
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-210,457
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$94,084
Employer contributions (assets) at end of year2018-12-31$7,558
Employer contributions (assets) at beginning of year2018-12-31$9,559
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$440,317
Contract administrator fees2018-12-31$6,629
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 name2018-12-31PBMARES, LLC
Accountancy firm EIN2018-12-31541184709
2017 : NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$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$774,887
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$140,835
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$108,054
Expenses. Certain deemed distributions of participant loans2017-12-31$14,871
Value of total corrective distributions2017-12-31$17,910
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$391,658
Value of total assets at end of year2017-12-31$3,327,190
Value of total assets at beginning of year2017-12-31$2,693,138
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$0
Total interest from all sources2017-12-31$3,505
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
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$274,240
Participant contributions at end of year2017-12-31$95,936
Participant contributions at beginning of year2017-12-31$99,673
Participant contributions at end of year2017-12-31$26,834
Participant contributions at beginning of year2017-12-31$26,093
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$30,278
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$3,610
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$4,554
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$634,052
Value of net assets at end of year (total assets less liabilities)2017-12-31$3,327,190
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$2,693,138
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$3,177,546
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$2,547,794
Interest on participant loans2017-12-31$3,505
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$2,792
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$6,024
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$6,024
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$10,913
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$379,724
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$87,140
Employer contributions (assets) at end of year2017-12-31$9,559
Employer contributions (assets) at beginning of year2017-12-31$9,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$108,054
Contract administrator fees2017-12-31$0
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 name2017-12-31PBMARES
Accountancy firm EIN2017-12-31541184709
2016 : NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$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$529,408
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$259,625
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$235,418
Expenses. Certain deemed distributions of participant loans2016-12-31$982
Value of total corrective distributions2016-12-31$20,480
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$341,534
Value of total assets at end of year2016-12-31$2,693,138
Value of total assets at beginning of year2016-12-31$2,423,355
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$2,745
Total interest from all sources2016-12-31$2,540
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$1,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$258,179
Participant contributions at end of year2016-12-31$99,673
Participant contributions at beginning of year2016-12-31$93,127
Participant contributions at end of year2016-12-31$26,093
Participant contributions at beginning of year2016-12-31$25,054
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$1,372
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$4,554
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$3,421
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$269,783
Value of net assets at end of year (total assets less liabilities)2016-12-31$2,693,138
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$2,423,355
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$2,547,794
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$2,288,485
Interest on participant loans2016-12-31$2,577
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$6,024
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$3,887
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$3,887
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$-37
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$185,334
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 contributions2016-12-31Yes
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$81,983
Employer contributions (assets) at end of year2016-12-31$9,000
Employer contributions (assets) at beginning of year2016-12-31$9,381
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$235,418
Contract administrator fees2016-12-31$2,745
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 name2016-12-31PBMARES
Accountancy firm EIN2016-12-31541184709
2015 : NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$312,955
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$398,851
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$346,963
Expenses. Certain deemed distributions of participant loans2015-12-31$34,171
Value of total corrective distributions2015-12-31$14,288
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$372,997
Value of total assets at end of year2015-12-31$2,423,355
Value of total assets at beginning of year2015-12-31$2,509,251
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$3,429
Total interest from all sources2015-12-31$3,487
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Administrative expenses professional fees incurred2015-12-31$3,429
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$300,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$1
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$270,812
Participant contributions at end of year2015-12-31$93,127
Participant contributions at beginning of year2015-12-31$142,010
Participant contributions at end of year2015-12-31$25,054
Participant contributions at beginning of year2015-12-31$25,880
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$6,976
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$3,421
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$3,635
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-85,896
Value of net assets at end of year (total assets less liabilities)2015-12-31$2,423,355
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$2,509,251
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$2,288,485
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$2,321,351
Interest on participant loans2015-12-31$3,539
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$3,887
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$6,380
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$6,380
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$-52
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-63,529
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31Yes
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$95,209
Employer contributions (assets) at end of year2015-12-31$9,381
Employer contributions (assets) at beginning of year2015-12-31$9,995
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$346,963
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31PBMARES
Accountancy firm EIN2015-12-31541184709
2014 : NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$461,201
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$259,323
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$191,546
Expenses. Certain deemed distributions of participant loans2014-12-31$49,852
Value of total corrective distributions2014-12-31$7,416
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$368,704
Value of total assets at end of year2014-12-31$2,509,251
Value of total assets at beginning of year2014-12-31$2,307,373
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$10,509
Total interest from all sources2014-12-31$4,719
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Administrative expenses professional fees incurred2014-12-31$10,509
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$200,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$264,173
Participant contributions at end of year2014-12-31$142,010
Participant contributions at beginning of year2014-12-31$206,278
Participant contributions at end of year2014-12-31$25,880
Participant contributions at beginning of year2014-12-31$21,708
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$11,234
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2014-12-31$7,598
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$3,635
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$3,389
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$201,878
Value of net assets at end of year (total assets less liabilities)2014-12-31$2,509,251
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$2,307,373
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$2,321,351
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$2,065,742
Interest on participant loans2014-12-31$4,775
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$6,380
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$2,631
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$2,631
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$-56
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$87,778
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$93,297
Employer contributions (assets) at end of year2014-12-31$9,995
Employer contributions (assets) at beginning of year2014-12-31$7,625
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$183,948
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31PBMARES
Accountancy firm EIN2014-12-31054073772
2013 : NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$677,034
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$150,371
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$138,453
Expenses. Certain deemed distributions of participant loans2013-12-31$1,498
Value of total corrective distributions2013-12-31$7,480
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$350,034
Value of total assets at end of year2013-12-31$2,307,373
Value of total assets at beginning of year2013-12-31$1,780,710
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$2,940
Total interest from all sources2013-12-31$4,320
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$200,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$257,976
Participant contributions at end of year2013-12-31$206,278
Participant contributions at beginning of year2013-12-31$102,063
Participant contributions at end of year2013-12-31$21,708
Participant contributions at beginning of year2013-12-31$20,911
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$3,389
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$1,767
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$526,663
Value of net assets at end of year (total assets less liabilities)2013-12-31$2,307,373
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$1,780,710
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$2,065,742
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$1,647,443
Interest on participant loans2013-12-31$4,332
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$2,631
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$1,010
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$1,010
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$-12
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$322,680
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$92,058
Employer contributions (assets) at end of year2013-12-31$7,625
Employer contributions (assets) at beginning of year2013-12-31$7,516
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$138,453
Contract administrator fees2013-12-31$2,940
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31PBMARES
Accountancy firm EIN2013-12-31541184709
2012 : NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$507,646
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$159,545
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$133,061
Expenses. Certain deemed distributions of participant loans2012-12-31$14,451
Value of total corrective distributions2012-12-31$9,721
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$319,367
Value of total assets at end of year2012-12-31$1,780,710
Value of total assets at beginning of year2012-12-31$1,432,609
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$2,312
Total interest from all sources2012-12-31$2,711
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$200,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$220,491
Participant contributions at end of year2012-12-31$102,063
Participant contributions at beginning of year2012-12-31$77,990
Participant contributions at end of year2012-12-31$20,911
Participant contributions at beginning of year2012-12-31$19,693
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$20,486
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$1,767
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$1,418
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$348,101
Value of net assets at end of year (total assets less liabilities)2012-12-31$1,780,710
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$1,432,609
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$2,312
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$1,647,443
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$1,325,385
Income. Interest from loans (other than to participants)2012-12-31$2,711
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$1,010
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$141
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$141
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$185,568
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$78,390
Employer contributions (assets) at end of year2012-12-31$7,516
Employer contributions (assets) at beginning of year2012-12-31$7,982
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$133,061
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31PB MARES
Accountancy firm EIN2012-12-31540737372
2011 : NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$197,715
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$54,556
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$40,086
Expenses. Certain deemed distributions of participant loans2011-12-31$5,517
Value of total corrective distributions2011-12-31$7,661
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$254,997
Value of total assets at end of year2011-12-31$1,432,609
Value of total assets at beginning of year2011-12-31$1,289,450
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$1,292
Total interest from all sources2011-12-31$1,265
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$200,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$192,242
Participant contributions at end of year2011-12-31$77,990
Participant contributions at beginning of year2011-12-31$35,271
Participant contributions at end of year2011-12-31$19,693
Participant contributions at beginning of year2011-12-31$14,857
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$1,418
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$951
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$143,159
Value of net assets at end of year (total assets less liabilities)2011-12-31$1,432,609
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$1,289,450
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$1,325,385
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$1,225,222
Interest on participant loans2011-12-31$1,265
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$141
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$7,711
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$7,711
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-58,547
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$62,755
Employer contributions (assets) at end of year2011-12-31$7,982
Employer contributions (assets) at beginning of year2011-12-31$5,438
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$40,086
Contract administrator fees2011-12-31$1,292
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31WITT MARES
Accountancy firm EIN2011-12-31541184709
2010 : NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$344,496
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$51,096
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$34,411
Value of total corrective distributions2010-12-31$15,401
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$210,887
Value of total assets at end of year2010-12-31$1,289,450
Value of total assets at beginning of year2010-12-31$996,050
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$1,284
Total interest from all sources2010-12-31$133,609
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$200,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$157,230
Participant contributions at end of year2010-12-31$35,271
Participant contributions at beginning of year2010-12-31$39,656
Participant contributions at end of year2010-12-31$14,857
Participant contributions at beginning of year2010-12-31$14,375
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2010-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$951
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$148
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Income. Non cash contributions2010-12-31$0
Value of net income/loss2010-12-31$293,400
Value of net assets at end of year (total assets less liabilities)2010-12-31$1,289,450
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$996,050
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$1,225,222
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$932,593
Interest on participant loans2010-12-31$1,229
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$7,711
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$4,942
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$4,942
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$132,380
Expenses. Payments to insurance carriers foe the provision of benefits2010-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$53,657
Employer contributions (assets) at end of year2010-12-31$5,438
Employer contributions (assets) at beginning of year2010-12-31$4,336
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$34,411
Contract administrator fees2010-12-31$1,284
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31WITT MARES
Accountancy firm EIN2010-12-31541184709

Form 5500 Responses for NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST

2023: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01This submission is the final filingYes
2023-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement – InsuranceYes
2023-01-01Plan benefit arrangement - TrustYes
2022: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedYes
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 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 – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 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 – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 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 – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 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
2015: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: NEWPORT HOSPITALITY GROUP, INC. . EMPLOYEES SAVING TRUST 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number142987
Policy instance 1
Insurance contract or identification number142987
Number of Individuals Covered0
Insurance policy start date2023-01-01
Insurance policy end date2023-06-12
Total amount of commissions paid to insurance brokerUSD $9,112
Total amount of fees paid to insurance companyUSD $15,162
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number142987
Policy instance 1
Insurance contract or identification number142987
Number of Individuals Covered209
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $17,796
Total amount of fees paid to insurance companyUSD $17,171
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $17,796
Additional information about fees paid to insurance brokerBROKER COMMISSIONS
Insurance broker organization code?3
Amount paid for insurance broker fees17171
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number142987
Policy instance 1
Insurance contract or identification number142987
Number of Individuals Covered193
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $25,062
Total amount of fees paid to insurance companyUSD $9,579
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $25,062
Additional information about fees paid to insurance brokerBROKER COMMISSION
Insurance broker organization code?3
Amount paid for insurance broker fees9579
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number149694
Policy instance 2
Insurance contract or identification number149694
Number of Individuals Covered294
Insurance policy start date2021-05-10
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $16,724
Total amount of fees paid to insurance companyUSD $2,201
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $16,724
Insurance broker organization code?3
Amount paid for insurance broker fees2201
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number142987
Policy instance 1
Insurance contract or identification number142987
Number of Individuals Covered387
Insurance policy start date2020-01-14
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $45,041
Total amount of fees paid to insurance companyUSD $30,660
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $45,041
Insurance broker organization code?3
Amount paid for insurance broker fees30660
Additional information about fees paid to insurance brokerTPA FEES PAID AND COMPENSATION
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract numberGAP-CP-KC5A
Policy instance 1
Insurance contract or identification numberGAP-CP-KC5A
Number of Individuals Covered6
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $95
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $95
Insurance broker organization code?3
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract numberGAP-CP-KC5A
Policy instance 1
Insurance contract or identification numberGAP-CP-KC5A
Number of Individuals Covered6
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $30
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $30
Amount paid for insurance broker fees0
Insurance broker organization code?3
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract numberKC5A
Policy instance 1
Insurance contract or identification numberKC5A
Number of Individuals Covered6
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $9
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $9
Insurance broker organization code?3
Insurance broker nameLPL

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