Driftwood Hospitality Management, Llc 401(k) Plan: Login, Facts & Contact Information

Driftwood Hospitality Management, Llc 401(k) Plan Facts

Plan name
DRIFTWOOD HOSPITALITY MANAGEMENT, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
DRIFTWOOD HOSPITALITY MANAGEMENT, LLC
Participants
3,999 (3,193 active employees)
Former employees with a balance
774
Plan assets
$32,864,093 at Dec 31, 2024
Average account balance
$17,144 across 1,917 accounts
Employer contributions
$914,359 in plan year 2024 (20% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Aug 1, 2000
✓ 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 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $4.50 million went into the plan in contributions, $914,359 of it from the employer (20%).
  • $3.54 million was paid out to participants.
  • Investment and other income added $3.70 million.
  • Administrative expenses were $175,723, about $92 per account.

How the Driftwood Hospitality Management, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20193,160$21.6 million$676,336$2.31 million
20202,875$23.3 million$477,578$3.16 million
20212,348$25.7 million$483,809$3.10 million
20222,661$22.3 million$628,792$2.32 million
20233,688$28.4 million$788,805$1.71 million
20243,999$32.9 million$914,359$3.54 million

Driftwood Hospitality Management, Llc 401(k) Contact Information

Phone
561-207-2761
Mailing address
11770 US HWY 1 SUITE 202, NORTH PALM BEACH FL 33408
Plan sponsor
DRIFTWOOD HOSPITALITY MANAGEMENT, LLC
Employer identification number (EIN)
65-1006992
Plan number
001

Questions about the Driftwood Hospitality Management, Llc 401(k)

Does Driftwood Hospitality Management, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $914,359, 20% of all contributions.

Does the Driftwood Hospitality Management, Llc 401(k) have automatic enrollment?

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

How many people are in the Driftwood Hospitality Management, Llc 401(k) plan?

3,999 participants at the start of plan year 2024, 3,193 of them active employees, and 774 former employees who still had money in the plan.

What is the average 401(k) balance at Driftwood Hospitality Management, Llc?

About $17,144 per account: $32.9 million in plan assets across 1,917 accounts with a balance at the end of plan year 2024.

Who manages the Driftwood Hospitality Management, Llc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Driftwood Hospitality Management, Llc. How do I access my 401(k)?

Your account stays with Empower 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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