Industries › Accommodation and food services
Industry · Form 5500 business code 721110
Hotels (except Casino Hotels) & Motels: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
417 retirement plans in hotels (except casino hotels) & motels with 100 or more participants filed Form 5500 for plan year 2024 (398 defined contribution, 19 defined benefit). All Form 5500 pension filers in the group reported 1,103,725 participant records and $37.7B in net assets.
The median defined contribution plan held $16,116 per participant, well below the national median of $53,031, and its employer put in $669 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $61.16 per participant against $123 nationally.
Employers contributed $1.16B and participants $1.72B during the year, and the plans paid out $3.29B in benefits.
In 2009 the same group numbered 603 plans with $11.9B; by 2024 it was 417 plans (down 31%) and $37.7B (up 216%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $16,116 | $53,031 | $33,814 | $86,234 |
| Employer contributions per active participant | $669 | $2,174 | $4,609 | $10,244 |
| Schedule C compensation per participant | $61.16 | $123 | $157 | $344 |
| Schedule C compensation, share of net assets | 0.42% | 0.26% | 0.51% | 0.42% |
| Administrative expenses per participant | $57.54 | $116 | $216 | $527 |
Medians across plans with 100 or more participants (386 DC and 19 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $8,893 | $16,116 | $29,781 | 386 |
| Employer contributions per active participant | $348 | $669 | $1,264 | 366 |
| Schedule C compensation per participant | $28.83 | $61.16 | $118 | 371 |
| Administrative expenses per participant | $28.79 | $57.54 | $117 | 383 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 42 | 56,694 | $2.60B | $64.5M | $127M | $21,311 | $78.98 |
| 2024 | 417 | 1,103,725 | $37.7B | $1.16B | $1.72B | $16,116 | $61.16 |
| 2023 | 434 | 1,040,222 | $33.4B | $1.06B | $1.52B | $14,492 | $57.23 |
| 2022 | 552 | 999,709 | $28.2B | $829M | $1.31B | $12,571 | $56.76 |
| 2021 | 555 | 917,761 | $33.5B | $528M | $969M | $16,111 | $57.06 |
| 2020 | 570 | 892,143 | $30.8B | $445M | $870M | $14,875 | $53.84 |
| 2019 | 602 | 1,031,506 | $29.6B | $861M | $1.35B | $11,627 | $41.01 |
| 2018 | 582 | 1,014,466 | $24.4B | $907M | $1.25B | $9,985 | $36.26 |
| 2017 | 572 | 984,772 | $26.0B | $742M | $1.14B | $10,255 | $33.10 |
| 2016 | 567 | 978,124 | $22.1B | $625M | $1.08B | $8,922 | $26.93 |
| 2015 | 562 | 950,993 | $20.2B | $688M | $1.01B | $8,356 | $25.07 |
| 2014 | 548 | 929,085 | $20.1B | $679M | $920M | $9,174 | $23.83 |
| 2013 | 563 | 989,444 | $18.8B | $649M | $848M | $8,544 | $22.05 |
| 2012 | 565 | 962,732 | $15.4B | $594M | $802M | $7,080 | $19.18 |
| 2011 | 550 | 881,718 | $13.6B | $532M | $766M | $6,662 | $20.51 |
| 2010 | 577 | 879,175 | $13.6B | $469M | $699M | $6,465 | $20.46 |
| 2009 | 603 | 899,898 | $11.9B | $486M | $713M | $5,937 | $19.75 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 421 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 421 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Marriott Retirement Savings Plan | Marriott International, Inc. | MD | DC | 152,118 | $11.7B | $76,819 | $2,188 | $34.67 |
| New York Hotel Trades Council and Hotel Association of New York City, Inc. Pension Fund | Board of Trustees | NY | DB | 56,488 | $2.60B | $46,097 | $7,088 | $214 |
| Aimbridge Parent, Inc. 401(k) Plan | Aimbridge Parent, Inc. | TX | DC | 46,108 | $470M | $10,195 | $164 | $12.74 |
| Hyatt Corporation Retirement Savings Plan | Hyatt Corporation | IL | DC | 45,742 | $2.49B | $54,491 | $1,264 | $25.44 |
| Hilton 401(k) Plan | Hilton Domestic Operating Company, Inc. | VA | DC | 36,894 | $2.30B | $62,274 | $1,866 | $34.81 |
| New York Hotel Trades Council & Hotel Association of New York City, Inc. 401(k) Savings Plan | The Board of Trustees | NY | DC | 26,852 | $813M | $30,280 | — | $45.32 |
| Los Angeles Hotel-Restaurant Employer-Union Retirement Fund | Board of Trustees, Los Angeles Hotel-Restaurant | CA | DB | 26,576 | $421M | $15,857 | $3,227 | $64.27 |
| Pyramid Advisors 401(k) Plan | Pyramid Advisors Limited Partnership | MA | DC | 23,382 | $247M | $10,555 | $431 | $10.49 |
| HGV Retirement Savings Plan | Hilton Resorts Corporation | FL | DC | 22,047 | $706M | $32,005 | $2,217 | $54.68 |
| Four Seasons Hotels Retirement Benefit Plan | Four Seasons Hotels Limited Pension & Profit Sharing Committee | — | DC | 20,112 | $978M | $48,646 | $1,465 | $86.25 |
| Omni Hotels 401(k) Retirement Savings Plan | Omni Hotels Management Corporation | TX | DC | 17,413 | $258M | $14,822 | $615 | $27.49 |
| Travel + Leisure Co. Employee Savings Plan | Travel + Leisure Co. | FL | DC | 16,663 | $962M | $57,746 | $2,359 | $52.02 |
| Hotel Industry-Ilwu Pension Plan | Board of Trustees of the Hotel Industry-Ilwu Pension Plan | HI | DB | 16,470 | $316M | $19,183 | $1,409 | $113 |
| Ihg 401(k) Savings and Retirement Plan | Six Continents Hotels, Inc. | GA | DC | 16,442 | $1.27B | $77,500 | $2,587 | $36.09 |
| Avis Budget Group, Inc. Employee Savings Plan | Avis Budget Group, Inc. | NJ | DC | 16,412 | $718M | $43,760 | $985 | $38.94 |
| Hotel Union and Hotel Industry of Hawaii Pension Plan | Board of Trustees of the Hotel Union & Hotel Industry of Hawaii Pensio | HI | DB | 14,918 | $763M | $51,134 | $5,322 | $154 |
| Sports, Hospitality and Entertainment 401(k) Plan | Fertitta Entertainment, Inc. | TX | DC | 13,742 | $181M | $13,201 | $101 | $37.35 |
| Loews Hotels 401(k) Plan | Loews Hotels Holding Corporation | NY | DC | 12,923 | $288M | $22,284 | $798 | $28.61 |
| The Hersha Hospitality Management 401(k) Plan | Hersha Hospitality Management, L.P. | PA | DC | 12,224 | $73.5M | $6,016 | $169 | $5.89 |
| Davidson Hospitality Group 401(k) Plan | Davidson Hotel Company, LLC | GA | DC | 11,795 | $107M | $9,062 | $466 | $31.77 |
| Unite Here Local 25 and Hotel Association of Washington, DC Pension Plan | Board of Trustees-Htl. & Rest. Emp. LO.25&HTL Assn | MD | DB | 11,610 | $357M | $30,779 | $5,235 | $110 |
| Hei Hotels and Resorts 401(k) Plan | Merritt Hospitality LLC | CT | DC | 11,474 | $198M | $17,272 | $827 | $44.96 |
| Highgate Hotels 401(k) Plan | Highgate Hotels, L.P. | TX | DC | 11,379 | $171M | $15,028 | $409 | $49.73 |
| Unite Here! Local 54 Severance Fund | Jt. Bd. of Trustees of the Unite Here! Local 54 | NJ | DC | 9,882 | $40.6M | $4,110 | $120 | $59.40 |
| Accor 401(k) Plan | Accor Management US, Inc. | — | DC | 9,502 | $373M | $39,249 | $1,156 | $61.85 |
| Concord Hospitality Enterprises Company, LLC 401(k) Plan | Concord Hospitality Enterprises Company, LLC | NC | DC | 8,552 | $73.8M | $8,627 | $425 | $24.53 |
| Ashford Hospitality Services 401(k) Savings Plan | Remington Hotels, LLC | TX | DC | 8,280 | $90.0M | $10,872 | $707 | $40.59 |
| Boyne Resorts 401(k) Retirement Plan | Boyne USA, Inc. | MI | DC | 8,147 | $80.4M | $9,864 | $0 | $53.45 |
| Esa Management, LLC 401(k) Plan | Esa Management, LLC | NC | DC | 8,096 | $80.9M | $9,987 | $249 | $49.55 |
| Schulte Hospitality Group, Inc. 401(k) Plan | Schulte Hospitality Group, Inc. | KY | DC | 7,859 | $45.9M | $5,834 | $521 | $28.98 |
| Sonesta International Hotels Corporation and Subsidiaries 401(k) Plan | Sonesta International Hotels Corporation | MA | DC | 7,446 | $157M | $21,103 | $1,067 | $76.49 |
| Unite Here! Workers and Hospitality Employers VDB Pension Trust | Board of Trustee Unite Here! Workers | MA | DB | 7,443 | $169M | $22,670 | $3,982 | $66.84 |
| Hotel Union and Hotel Industry of Hawaii 401(k) Retirement Savings Plan | Hotel 401(k) Retirement Savings Plan | HI | DC | 7,334 | $170M | $23,171 | — | $36.33 |
| Sage 401(k) Retirement & Savings Plan | Sage Hospitality Resources, LLC | CO | DC | 6,775 | $81.3M | $11,993 | $418 | $43.58 |
| Atrium Hospitality LP 401(k) Plan | Atrium Hospitality LP | GA | DC | 6,358 | $77.0M | $12,107 | $396 | $108 |
| WLS 401(k) Plan | White Lodging Services Corporation | IN | DC | 6,294 | $73.9M | $11,739 | $220 | $24.62 |
| Crestline Hotels & Resorts, LLC Retirement and Savings Plan | Crestline Hotels & Resorts, LLC | VA | DC | 5,935 | $66.7M | $11,235 | $398 | $55.62 |
| Hospitality Industry 401(k) Plan | Board of Trustees Hospitality Industry 401(k) Plan | MD | DC | 5,901 | $54.0M | $9,155 | — | $63.56 |
| The Marcus Corp. 401(k) Retirement Savings Plan | The Marcus Corporation | WI | DC | 5,533 | $125M | $22,667 | $627 | $29.34 |
| Montage Hotels & Resorts 401(k) Plan | Montage Hotels and Resorts, LLC | CA | DC | 5,334 | $139M | $26,113 | $1,349 | $54.25 |
By plan size
By state
Questions and answers
How many retirement plans are there in hotels (except casino hotels) & motels?
417 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 562 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in hotels (except casino hotels) & motels?
The median defined contribution plan reported $16,116 in net assets per participant (middle half of plans: $8,893 to $29,781); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in hotels (except casino hotels) & motels?
The median defined contribution plan received $669 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in hotels (except casino hotels) & motels?
Among defined contribution plans that report any Schedule C compensation, the median was $61.16 per participant and 0.42% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.