Columbia Hospitality, Inc. 401(k) Review & Grade
Columbia Hospitality 401(k) Plan
Seattle, WAOther Services2,119 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,709Employer $ per active participant
$3,117Employee $ saved per active participant
0.63%Direct admin cost, % of plan assets
$43.8MNet plan assets, end of year
$16,627Average balance per account
Score breakdown
- Employer generosity31.8 / 5064th percentile for employer $ per participant
- Low cost4.0 / 2516th percentile for low admin cost vs. same-size plans
- Employee saving8.9 / 1559th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score38 / 100 · Grade D
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 64th |
| Lower admin cost | 16th |
| Employee saving | 59th |
| Peers that auto-enroll | 40% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($268,725 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Columbia Hospitality put in about $1,709 per active participant, more than the typical peer ($1,257). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.63% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $3,620,882 |
| Participant (employee) contributions | $6,605,499 |
| Other contributions (incl. rollovers in) | $1,033,644 |
| Administrative expenses paid from the plan | $239,545 |
| Contract administrator fees | $184,947 |
| Investment advisory & management fees | $43,098 |
| Benefits paid out | $4,171,505 |
| Net assets, start / end of year | $32.1M / $43.8M |
| Active participants, start / end of year | 2,124 / 2,114 |
| Participants with account balances | 2,632 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Visse & Company, Cpa's |
Largest service providers (Schedule C)
| Stancorp Financial Group | $187,813 reported compensation |
| Usi Advisors, Inc | $43,098 reported compensation |
| Charles Schwab | $15,929 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007111729NAL0004487761001, received 2025-10-07, EIN 91-1712142, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.