401k Plan data: GATEWAY HOSPITALITY GROUP 401K plan

GATEWAY HOSPITALITY GROUP 401K 401k Plan overview

Plan Name	GATEWAY HOSPITALITY GROUP 401K
Plan identification number	001

GATEWAY HOSPITALITY GROUP 401K Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.
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.

401k Sponsoring company profile

GATEWAY HOSPITALITY, LLC has sponsored the creation of one or more 401k plans.

Company Name: GATEWAY HOSPITALITY, LLC

Employer identification number (EIN): 582281271

NAIC Classification: 721110
NAIC Description: Hotels (except Casino Hotels) and Motels

Additional information about GATEWAY HOSPITALITY, LLC

Jurisdiction of Incorporation: Virginia Secretary of State

Incorporation Date: 2014-09-16

Company Identification Number: S524097

Legal Registered Office Address: 8009 Wolftrap Road

Vienna
United States of America (USA)
22017

More information about GATEWAY HOSPITALITY, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GATEWAY HOSPITALITY GROUP 401K

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2016-01-01
001 2015-01-01
001 2014-01-01 SAMUEL C. AGEE, JR.
001 2013-01-01 SAMUEL C. AGEE, JR.
001 2012-01-01 SAMUEL C. AGEE, JR.
001 2011-01-01 SAMUEL C. AGEE, JR. 2012-08-31
001 2010-01-01 SAMUEL C. AGEE, JR. 2011-09-23

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2016-01-01
001	2015-01-01
001	2014-01-01	SAMUEL C. AGEE, JR.
001	2013-01-01	SAMUEL C. AGEE, JR.
001	2012-01-01	SAMUEL C. AGEE, JR.
001	2011-01-01	SAMUEL C. AGEE, JR.	2012-08-31
001	2010-01-01	SAMUEL C. AGEE, JR.	2011-09-23

Plan Statistics for GATEWAY HOSPITALITY GROUP 401K

401k plan membership statisitcs for GATEWAY HOSPITALITY GROUP 401K

Measure Date Value
2014: GATEWAY HOSPITALITY GROUP 401K 2014 401k membership
Total participants, beginning-of-year 2014-01-01 100
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 95
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 0
Total of all active and inactive participants 2014-01-01 95
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 95
Number of participants with account balances 2014-01-01 19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 1
2013: GATEWAY HOSPITALITY GROUP 401K 2013 401k membership
Total participants, beginning-of-year 2013-01-01 119
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 100
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 0
Total of all active and inactive participants 2013-01-01 100
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 100
Number of participants with account balances 2013-01-01 19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 1
2012: GATEWAY HOSPITALITY GROUP 401K 2012 401k membership
Total participants, beginning-of-year 2012-01-01 106
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 150
Number of retired or separated participants receiving benefits 2012-01-01 4
Number of other retired or separated participants entitled to future benefits 2012-01-01 8
Total of all active and inactive participants 2012-01-01 162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 162
Number of participants with account balances 2012-01-01 29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 2

Measure	Date	Value
2014: GATEWAY HOSPITALITY GROUP 401K 2014 401k membership
Total participants, beginning-of-year	2014-01-01	100
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	95
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	0
Total of all active and inactive participants	2014-01-01	95
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	95
Number of participants with account balances	2014-01-01	19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	1
2013: GATEWAY HOSPITALITY GROUP 401K 2013 401k membership
Total participants, beginning-of-year	2013-01-01	119
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	100
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	0
Total of all active and inactive participants	2013-01-01	100
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	100
Number of participants with account balances	2013-01-01	19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	1
2012: GATEWAY HOSPITALITY GROUP 401K 2012 401k membership
Total participants, beginning-of-year	2012-01-01	106
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	150
Number of retired or separated participants receiving benefits	2012-01-01	4
Number of other retired or separated participants entitled to future benefits	2012-01-01	8
Total of all active and inactive participants	2012-01-01	162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	162
Number of participants with account balances	2012-01-01	29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	2

Financial Data on GATEWAY HOSPITALITY GROUP 401K

Measure	Date	Value
2014 : GATEWAY HOSPITALITY GROUP 401K 2014 401k financial data
Transfers to/from the plan	2014-12-31	$0
Total plan liabilities at end of year	2014-12-31	$140
Total plan liabilities at beginning of year	2014-12-31	$234
Total income from all sources	2014-12-31	$44,725
Expenses. Total of all expenses incurred	2014-12-31	$97,732
Benefits paid (including direct rollovers)	2014-12-31	$97,006
Total plan assets at end of year	2014-12-31	$197,487
Total plan assets at beginning of year	2014-12-31	$250,588
Value of fidelity bond covering the plan	2014-12-31	$30,000
Total contributions received or receivable from participants	2014-12-31	$612
Expenses. Other expenses not covered elsewhere	2014-12-31	$0
Contributions received from other sources (not participants or employers)	2014-12-31	$39,771
Other income received	2014-12-31	$4,342
Net income (gross income less expenses)	2014-12-31	$-53,007
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$197,347
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$250,354
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$726
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
2013 : GATEWAY HOSPITALITY GROUP 401K 2013 401k financial data
Total plan liabilities at end of year	2013-12-31	$234
Total plan liabilities at beginning of year	2013-12-31	$288
Total income from all sources	2013-12-31	$81,618
Expenses. Total of all expenses incurred	2013-12-31	$89,329
Benefits paid (including direct rollovers)	2013-12-31	$85,075
Total plan assets at end of year	2013-12-31	$250,588
Total plan assets at beginning of year	2013-12-31	$258,353
Value of fidelity bond covering the plan	2013-12-31	$30,000
Total contributions received or receivable from participants	2013-12-31	$38,352
Other income received	2013-12-31	$36,485
Net income (gross income less expenses)	2013-12-31	$-7,711
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$250,354
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$258,065
Total contributions received or receivable from employer(s)	2013-12-31	$6,781
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$4,254
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : GATEWAY HOSPITALITY GROUP 401K 2012 401k financial data
Transfers to/from the plan	2012-12-31	$0
Total plan liabilities at end of year	2012-12-31	$288
Total income from all sources	2012-12-31	$150,905
Expenses. Total of all expenses incurred	2012-12-31	$76,271
Benefits paid (including direct rollovers)	2012-12-31	$65,823
Total plan assets at end of year	2012-12-31	$258,353
Total plan assets at beginning of year	2012-12-31	$183,431
Value of fidelity bond covering the plan	2012-12-31	$30,000
Total contributions received or receivable from participants	2012-12-31	$76,253
Expenses. Other expenses not covered elsewhere	2012-12-31	$0
Contributions received from other sources (not participants or employers)	2012-12-31	$42,009
Other income received	2012-12-31	$25,557
Noncash contributions received	2012-12-31	$0
Net income (gross income less expenses)	2012-12-31	$74,634
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$258,065
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$183,431
Total contributions received or receivable from employer(s)	2012-12-31	$7,086
Value of corrective distributions	2012-12-31	$6,832
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$3,616
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0

Form 5500 Responses for GATEWAY HOSPITALITY GROUP 401K

2014: GATEWAY HOSPITALITY GROUP 401K 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: GATEWAY HOSPITALITY GROUP 401K 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: GATEWAY HOSPITALITY GROUP 401K 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

AXA EQUITABLE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66944 )

Policy contract number

642236

Policy instance

Insurance contract or identification number	642236
Number of Individuals Covered	162
Insurance policy start date	2012-01-01
Insurance policy end date	2012-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $518
Are there contracts with allocated funds for individual policies?	No
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 plan	No
Contracts With Unallocated Funds Deposit Administration	0
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?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Amount paid for insurance broker fees	518
Additional information about fees paid to insurance broker	COMMISSIONS PAID
Insurance broker organization code?	3
Insurance broker name	GORMAN CHARLES M

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Company Name:	GATEWAY HOSPITALITY, LLC
Employer identification number (EIN):	582281271
NAIC Classification:	721110
NAIC Description:	Hotels (except Casino Hotels) and Motels

Jurisdiction of Incorporation:	Virginia Secretary of State
Incorporation Date:	2014-09-16
Company Identification Number:	S524097
Legal Registered Office Address:	8009 Wolftrap Road Vienna United States of America (USA) 22017