Plan Ledger DOL Form 5500 · updated monthly

Six Continents Hotels, Inc.401(k)

IHG 401(K) SAVINGS AND RETIREMENT PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.05%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Six Continents Hotels, Inc. reported $567,036 in plan administrative expenses for 2024: 0.05% of average plan assets, above the peer median. Employer contributions averaged $2,593 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.06% to 0.05%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 39th-largest of 2,160 plans among Georgia employers on file, and the 9th of 2,240 in accommodation & food services. In 2024, employees put in $1.63 for every $1.00 the employer contributed; active participation has grown from 9,823 to 11,055 since 2022.

Plan summary
Net assets, end of year$1,132,447,978
Participants with balances12,111
Active participants11,055
Employer contributions$28,669,683
Employee contributions$46,801,261
Employer contribution per active participant$2,593
Average account balance$93,506
Benefits paid to participants$104,953,897
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.1B · 12,111 accts · $28.7M emplr
2023$1.0B · 12,528 accts · $26.6M emplr
2022$866.0M · 13,327 accts · $21.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$478,272
Investment management$36,000
Audit (IQPA)$25,000
Total administrative$567,036
The Six Continents Hotels, Inc. 401(k) match · 2024
Employer contribution per active participant$2,593
Median for plans this size$5,259
2024$2,593 per active participant
2023$2,460 per active participant
2022$2,141 per active participant

Six Continents Hotels, Inc.'s 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
T ROWE PRICE RPS INC · Recordkeeping · Trustee$478,272
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$36,000
WINDHAM BRANNON · Accounting / audit$25,000
SAGEVIEW ADVISORY GROUP LLC · Consulting$21,168

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$567,036 · 0.05%
2023$632,159 · 0.07%
2022$571,509 · 0.06%
Same employer
Similar plansAccommodation & Food Services · Georgia
Sodexo, Inc. MD$2.4B · 0.33%
Darden Restaurants, Inc. FL$1.6B · 0.11%
Chick-Fil-A, Inc. GA$1.1B · 0.02%
Yum Brands, Inc. KY$1.1B · 0.12%
Travel + Leisure Co. FL$962.2M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582283470 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.