Sonesta International Hotels 401(k) match, vesting and fees
What Sonesta International Hotels' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Pkf O'Connor Davies, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 166 defined-contribution plans in accommodation and food services with 1,000 to 4,999 participants.
| Sonesta International Hotels: employer contribution per participant | $2,090 | |
| Peer median | $785 |
| Sonesta International Hotels: average balance | $46,849 | |
| Peer median | $30,242 |
| Sonesta International Hotels: admin expenses ÷ assets | 0.39% | |
| Peer median | 0.37% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $127M at the end of plan year 2023 to $157M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 7,446 | $157M | $7M | $2,090 | 0.39% | Not published | Form 5500 ↗ |
| 2023 | 7,794 | $127M | $6M | $1,922 | 0.36% | Not published | Form 5500 ↗ |
Other Sonesta International Hotels plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Sonesta International Hotels Corporation Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Pkf O'Connor Davies, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Sonesta International Hotels match 401(k) contributions?
The match terms for the Sonesta International Hotels Corporation and Subsidiaries 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $7M in employer contributions, about $2,090 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Sonesta International Hotels 401(k) match vested?
The vesting schedule for the Sonesta International Hotels Corporation and Subsidiaries 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Sonesta International Hotels 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Sonesta Plan Administration Committee.
I left Sonesta International Hotels. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Sonesta Plan Administration Committee, (617) 219-1498) or the recordkeeper, Principal Life Insurance Company. The Sonesta International Hotels old 401(k) page lists the contacts from every plan filing. Find an old Sonesta International Hotels 401(k)
Data from the public Form 5500 annual reports Sonesta International Hotels filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Sonesta International Hotels. Not financial advice. Report a correction · Methodology