SCHULTE HOSPITALITY GROUP, INC. 401(K) PLAN

Plan Contact

  • Address: 2000 HIGH WICKMAN PLACE ST. 300,LOUISVILLE,KY
  • Contact person: AMY JAGGERS
  • Phone: (502) 882-4242

Plan General Information

SCHULTE HOSPITALITY GROUP, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SCHULTE HOSPITALITY GROUP, INC. 401(K) PLAN is $35,125,348.00.This plan was established in 2014.

SCHULTE HOSPITALITY GROUP, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SCHULTE HOSPITALITY GROUP, INC. 401(K) PLAN is 8095

SCHULTE HOSPITALITY GROUP, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SCHULTE HOSPITALITY GROUP, INC. 401(K) PLAN is $4,339.00

SCHULTE HOSPITALITY GROUP, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SCHULTE HOSPITALITY GROUP, INC. 401(K) PLAN is $1,765.00.

SCHULTE HOSPITALITY GROUP, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SCHULTE HOSPITALITY GROUP, INC. 401(K) PLAN is approximately $405.00
Investing in this additonal $405.00 for 20 years would give you extra $25,982.00, assuming a 10% annual return.

SCHULTE HOSPITALITY GROUP, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, SCHULTE HOSPITALITY GROUP, INC. 401(K) PLAN allocates $3,286,406.00 to match its employees' contributions, providing an employer match rate of 30.91% of their contributions

SCHULTE HOSPITALITY GROUP, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SCHULTE HOSPITALITY GROUP, INC. 401(K) PLAN is 65.19%.

SCHULTE HOSPITALITY GROUP, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SCHULTE HOSPITALITY GROUP, INC. 401(K) PLAN is 15.86%. This measures the effectiveness of the plan participants' investments in the year.

SCHULTE HOSPITALITY GROUP, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of SCHULTE HOSPITALITY GROUP, INC. 401(K) PLAN is 0.55%.

Enrollment Features

SCHULTE HOSPITALITY GROUP, INC. 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.


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