Department of Labor filing

FACILITY CONCESSION SERVICES, LL

SPECTRUM 401(K) PLAN · For the plan year ended Dec 31, 2023

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Public filing 2023 · received Oct 15, 2024Verified current terms Not available

Plan at a glance

How good does the filing look?

76filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support
$1,392

Reported employer contributions per active participant.

Higher than about 85% of comparable plans
#People in the filing
193

Active participants reported for 2023.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$56 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 55% of comparable plans
Investment performance
Not available

Plan assets changed 17.9%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202376out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions85th percentileTypical peer $545 · based on 301 comparable plans
Lower reported administrative expense55th percentileTypical peer $66 · based on 326 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2023, FACILITY CONCESSION SERVICES, LL reported $268,590 in employer contributions across the plan and 193 active participants. That works out to $1,392 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy63%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 1.8%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 27.7%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context76/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$268,590
Participant contributions
$535,562
Other contributions
Not reported
Employer share of reported contributions
33.4%
Beginning assets
$7,071,418
Ending assets
$8,335,202
Ending net assets
$8,335,202
Ending liabilities
$0
Total income
$2,038,894
Total expenses
$775,110
Administrative expenses
$23,608
Participant loans
Not reported

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$1,418
2023
$1,392
Plan-paid administrative expenses per participant
2022
$78
2023
$56
Active participants
2022
153
2023
193
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2023$1,3921938.3M20241015221908NAL0017285075001
2022$1,4181537.1M20231012125534NAL0031902529001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
Not stated in the filing
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Yes
Public plan identifier
760314914-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jan 1, 2008
Industry
Accommodation and food services
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2G2J2K2T3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

ProviderPlan yearDirect compensationIndirect compensation
ALLIANCEBERNSTEIN L.P.2023Not reportedunknown
ALLIANZ GLOBAL INVESTORS DISTRIBUTO2023Not reportedunknown
AMERICAN CENTURY INVESTMENT SERVICE2023Not reportedunknown
AMERICAN FUNDS DISTRIBUTORS, INC.2023Not reportedunknown
BLACKROCK INVESTMENTS, INC.2023Not reportedunknown
COLUMBIA2023Not reportedunknown
DELAWARE INVESTMENTS2023Not reportedunknown
J.P. MORGAN INVESTMENT MANAGEMENT2023Not reportedunknown
JANUS DISTRIBUTORS, LLC2023Not reportedunknown
MFS FUND DISTRIBUTORS, INC.2023Not reportedunknown
NEUBERGER BERMAN2023Not reportedunknown

Current plan terms

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Filing ACK_ID20241015221908NAL0017285075001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗