Skytop Lodge Corporation
Form 5500 DataOverview
Plan Description
Skytop Lodge Corporation Savings and Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 46. Skytop Lodge Corporation Savings and Investment Plan currently has over 300 active participants and over $3.6M in plan assets.
Did you know?
For the average 401k participant, the 37 point difference between this plan's BrightScope Rating (46) and the top rated plan (83) could equate to:
16
Additional years of work
257,328
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?
Plan Details
Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address One Skytop
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address One Skytop
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LocationSkytop , PA18357-1099
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IndustryHotels (except Casino Hotels) and Motels
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AdministratorDebra Grasso
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Net Plan Assets$3,570,000
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Total Participants330
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Avg Account Balance$33,000
Plan Components
Component Ratings
Design
Total Plan Cost:
High Fees
Company Generosity:
Below Avg.
Performance
Participation Rate:
Poor
Salary Deferrals:
Average
Account Balance:
Average
Design
Total Plan Cost:
High Fees
Company Generosity:
Average
Performance
Participation Rate:
Poor
Salary Deferrals:
Average
Account Balance:
Average
Peer Group Plans
Company | Rating |
---|---|
K & N Management, G.P. | 55.8 |
Hollander Investments | 54.6 |
Sixty Hotels, LLC | 52.8 |
Broken Sound Club | 50.7 |
Harmony Hospitality | 49.5 |
Srg, LLC | 47.8 |
Top Industry Articles
Compliance
Stimulus Bill Extends Some Provisions of the CARES Act
It also provides a way for retirement plan sponsors to avoid a partial plan termination.
December 28, 2020
Practice Management
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exclusives
Democrats Have Won the Power to Fix Union Pensions
A bipartisan compromise solution to end the multiemployer pension crisis is urgently required, sources agree, and one could finally be forthcoming in the U.S. Congress.
January 19, 2021
exclusives
Warn Your Clients: Don’t Abuse Coronavirus Hardship Withdrawals
Though retirement plans can allow individuals to self-certify that they qualify for a penalty-free coronavirus-related distribution, should the IRS discover otherwise during a future audit, a participant can be subject to substantial penalties.
June 11, 2020
Investments
Largest Funds in this Plan | Allocation of Assets | 1 YR Rank in Category |
---|---|---|
American Century Strategic Allocation: Moderate | 24% |
56%
|
Carillon Eagle Mid Cap Growth | 9% |
46%
|
American Century Strategic Allocation: Aggressive | 9% |
55%
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100%
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100%
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100%
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100%
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View all funds in this plan
Articles and Questions

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