Concourse Hotel Inc 401(k) Plan: Login, Facts & Contact Information

Concourse Hotel Inc 401(k) Plan Facts

Plan name
HOTEL EMPLOYEES RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CONCOURSE HOTEL INC
Participants
608 (541 active employees)
Former employees with a balance
50
Plan assets
$13,532,026 at Dec 31, 2024
Average account balance
$84,575 across 160 accounts
Employer contributions
$189,236 in plan year 2024 (35% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1995
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 3, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $549,134 went into the plan in contributions, $189,236 of it from the employer (35%).
  • $618,960 was paid out to participants.
  • Investment and other income added $1.60 million.
  • Administrative expenses were $35,026, about $219 per account.

How the Concourse Hotel Inc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019674$11.9 million$240,172$250,593
2020647$13.8 million$148,960$192,199
2021559$16.1 million$187,281$663,092
2022550$13.5 million$276,270$617,498
2023602$12.0 million$165,599$578,648
2024608$13.5 million$189,236$618,960

Concourse Hotel Inc 401(k) Contact Information

Phone
952-887-1826
Mailing address
701 CARLSON PARKWAY SUITE 1010, MINNETONKA MN 55305
Plan sponsor
CONCOURSE HOTEL INC
Employer identification number (EIN)
39-1730575
Plan number
001

Questions about the Concourse Hotel Inc 401(k)

Does Concourse Hotel Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $189,236, 35% of all contributions.

Does the Concourse Hotel Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Concourse Hotel Inc 401(k) plan?

608 participants at the start of plan year 2024, 541 of them active employees, and 50 former employees who still had money in the plan.

What is the average 401(k) balance at Concourse Hotel Inc?

About $84,575 per account: $13.5 million in plan assets across 160 accounts with a balance at the end of plan year 2024.

Who manages the Concourse Hotel Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Concourse Hotel Inc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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