Jackmont Hospitality, Inc. 401(k) Plan: Login, Facts & Contact Information

Jackmont Hospitality, Inc. 401(k) Plan Facts

Plan name
JACKMONT HOSPITALITY 401(K)
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
JACKMONT HOSPITALITY, INC.
Participants
3,492 (4,228 active employees)
Former employees with a balance
107
Plan assets
$2,684,528 at Dec 31, 2022
Average account balance
$13,490 across 199 accounts
Employer contributions
$72,302 in plan year 2022 (25% of all contributions)
Recordkeeper
Ascensus Llc
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jan 1, 2001
✓ 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 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 13, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $294,174 went into the plan in contributions, $72,302 of it from the employer (25%).
  • $113,690 was paid out to participants.
  • Administrative expenses were $2,895, about $15 per account.

How the Jackmont Hospitality, Inc. 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20172,266$2.38 million$91,190$243,971
20183,687$2.39 million$77,511$341,689
20193,902$2.72 million$78,118$374,502
20204,419$2.71 million$70,626$584,511
20216,035$3.03 million$63,929$174,158
20223,492$2.68 million$72,302$113,690

Jackmont Hospitality, Inc. 401(k) Contact Information

Phone
404-581-7232
Mailing address
1760 PEACHTREE STREET SUITE 200, ATLANTA GA 30309
Plan sponsor
JACKMONT HOSPITALITY, INC.
Employer identification number (EIN)
42-1561435
Plan number
001

Questions about the Jackmont Hospitality, Inc. 401(k)

Does Jackmont Hospitality, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $72,302, 25% of all contributions.

Does the Jackmont Hospitality, Inc 401(k) have automatic enrollment?

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

How many people are in the Jackmont Hospitality, Inc 401(k) plan?

3,492 participants at the start of plan year 2022, 4,228 of them active employees, and 107 former employees who still had money in the plan.

What is the average 401(k) balance at Jackmont Hospitality, Inc?

About $13,490 per account: $2.68 million in plan assets across 199 accounts with a balance at the end of plan year 2022.

Who manages the Jackmont Hospitality, Inc 401(k) accounts?

Ascensus (listed on the filing as ASCENSUS LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Jackmont Hospitality, Inc. How do I access my 401(k)?

Your account stays with Ascensus 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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