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

Island Hospitality Management, Llc 401(k) Plan Facts

Plan name
ISLAND HOSPITALITY MANAGEMENT, LLC 401(K) SAFE HARBOR PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ISLAND HOSPITALITY MANAGEMENT, LLC
Participants
2,542 (2,316 active employees)
Former employees with a balance
336
Plan assets
$33,195,485 at Dec 31, 2024
Average account balance
$31,675 across 1,048 accounts
Employer contributions
$1,114,263 in plan year 2024 (26% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1996
✓ 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 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $4.29 million went into the plan in contributions, $1.11 million of it from the employer (26%).
  • $5.16 million was paid out to participants.
  • Investment and other income added $3.54 million.
  • Administrative expenses were $19,349, about $18 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20195,406$30.2 million$1.96 million$2.26 million
20205,266$33.7 million$1.46 million$4.93 million
20215,572$32.6 million$970,555$8.31 million
20226,334$25.9 million$922,342$4.17 million
20232,894$30.6 million$969,003$2.97 million
20242,542$33.2 million$1.11 million$5.16 million

Island Hospitality Management, Llc 401(k) Contact Information

Phone
561-246-5287
Mailing address
222 LAKEVIEW AVE SUITE 200, WEST PALM BEACH FL 334016146
Plan sponsor
ISLAND HOSPITALITY MANAGEMENT, LLC
Employer identification number (EIN)
26-0250123
Plan number
001

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

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

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.11 million, 26% of all contributions.

Does the Island 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 Island Hospitality Management, Llc 401(k) plan?

2,542 participants at the start of plan year 2024, 2,316 of them active employees, and 336 former employees who still had money in the plan.

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

About $31,675 per account: $33.2 million in plan assets across 1,048 accounts with a balance at the end of plan year 2024.

Who manages the Island Hospitality Management, Llc 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 Island Hospitality Management, Llc. 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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