Travel Traders Hotels Inc 401(k) Review & Grade
Travel Traders Hotels Inc. 401k Plan
Miami, FLAccommodation & Food Services928 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$107Employer $ per active participant
$579Employee $ saved per active participant
0.35%Direct admin cost, % of plan assets
$11.2MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity12.8 / 5026th percentile for employer $ per participant
- Low cost8.8 / 2535th percentile for low admin cost vs. same-size plans
- Employee saving5.2 / 1535th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score27 / 100 · Grade F
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 26th |
| Lower admin cost | 35th |
| Employee saving | 35th |
| Peers that auto-enroll | 17% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Travel Traders Hotels put in about $107 per active participant, below the typical peer ($266). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.35% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $99,022 |
| Participant (employee) contributions | $537,875 |
| Other contributions (incl. rollovers in) | $66,813 |
| Administrative expenses paid from the plan | $36,852 |
| Contract administrator fees | $36,852 |
| Benefits paid out | $780,091 |
| Net assets, start / end of year | $9.9M / $11.2M |
| Active participants, start / end of year | 921 / 936 |
| Participants with account balances | 253 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cohnreznick LLP |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015131715NAL0002470131001, received 2025-10-15, EIN 90-0215106, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.