PALAFOX HOSPITALITY, LTD. 401(K) PLAN

At the end of 2022, the total retirement plan assets of PALAFOX HOSPITALITY, LTD. 401(K) PLAN is $1,728,260.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in PALAFOX HOSPITALITY, LTD. 401(K) PLAN is 141

In 2022, the average participant retirement account value for PALAFOX HOSPITALITY, LTD. 401(K) PLAN is $12,257

In 2022, the estimated average employee contribution amount per participant for PALAFOX HOSPITALITY, LTD. 401(K) PLAN is $536

In 2022, the estimated average employer match for an employee in PALAFOX HOSPITALITY, LTD. 401(K) PLAN is approximately $1,133

In 2022, PALAFOX HOSPITALITY, LTD. 401(K) PLAN allocates $159,779 to match its employees’ contributions, providing an employer match rate of 209.04% of their contributions

In 2022, the total retirement plan asset growth rate of PALAFOX HOSPITALITY, LTD. 401(K) PLAN is -14.55%

In 2022, the estimated aggregate retirement account investment gain/loss for PALAFOX HOSPITALITY, LTD. 401(K) PLAN is -12.82%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PALAFOX HOSPITALITY, LTD. 401(K) PLAN is 0.62%.

Enrollment Features

PALAFOX HOSPITALITY, LTD. 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.