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

Professional Hospitality Resources, Inc. 401(k) Plan Facts

Plan name
PROFESSIONAL HOSPITALITY RESOURCES 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PROFESSIONAL HOSPITALITY RESOURCES, INC.
Participants
1,503 (1,138 active employees)
Former employees with a balance
521
Plan assets
$28,773,738 at Dec 31, 2024
Average account balance
$26,301 across 1,094 accounts
Employer contributions
$648,484 in plan year 2024 (24% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Apr 1, 1993
✓ 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

  • $2.69 million went into the plan in contributions, $648,484 of it from the employer (24%).
  • $4.08 million was paid out to participants.
  • Investment and other income added $3.76 million.
  • Administrative expenses were $61,917, about $57 per account.

How the Professional Hospitality Resources, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,001$20.3 million$387,193$2.67 million
20201,140$23.3 million—$1.87 million
20211,070$26.2 million$450,158$2.45 million
20221,303$21.7 million$544,747$2.21 million
20231,451$26.5 million$591,204$1.48 million
20241,503$28.8 million$648,484$4.08 million

Professional Hospitality Resources, Inc. 401(k) Contact Information

Phone
757-491-3000
Mailing address
300 32ND STREET SUITE 500, VIRGINIA BEACH VA 23451
Plan sponsor
PROFESSIONAL HOSPITALITY RESOURCES, INC.
Employer identification number (EIN)
54-1359656
Plan number
001

Questions about the Professional Hospitality Resources, Inc. 401(k)

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

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $648,484, 24% of all contributions.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

1,503 participants at the start of plan year 2024, 1,138 of them active employees, and 521 former employees who still had money in the plan.

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

About $26,301 per account: $28.8 million in plan assets across 1,094 accounts with a balance at the end of plan year 2024.

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

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

I no longer work at Professional Hospitality Resources, Inc. 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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