PARK HOTELS & RESORTS 401(K) PLAN

At the end of 2022, the total retirement plan assets of PARK HOTELS & RESORTS 401(K) PLAN is $18,944,851.This plan was established in 2018.

At the end of 2022, the total number of retirement plan participants in PARK HOTELS & RESORTS 401(K) PLAN is 219

In 2022, the average participant retirement account value for PARK HOTELS & RESORTS 401(K) PLAN is $86,506

In 2022, the estimated average employee contribution amount per participant for PARK HOTELS & RESORTS 401(K) PLAN is $4,722

In 2022, the estimated average employer match for an employee in PARK HOTELS & RESORTS 401(K) PLAN is approximately $2,585

In 2022, PARK HOTELS & RESORTS 401(K) PLAN allocates $566,244 to match its employees’ contributions, providing an employer match rate of 47.02% of their contributions

In 2022, the total retirement plan asset growth rate of PARK HOTELS & RESORTS 401(K) PLAN is -17.91%

In 2022, the estimated aggregate retirement account investment gain/loss for PARK HOTELS & RESORTS 401(K) PLAN is -17.28%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PARK HOTELS & RESORTS 401(K) PLAN is 0.07%.

Enrollment Features

PARK HOTELS & RESORTS 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.