Original filing (PDF)20250623121149NAL0003530819001

THE PALACE AT SOMERSET PARK, LLC

Name: THE PALACE AT SOMERSET PARK, LLC — THE PALACE AT SOMERSET PARK SAVINGS PLAN, Form 5500 (2024)
Creator: THE PALACE AT SOMERSET PARK, LLC

Form 5500-SF

FILING_RECEIVED

THE PALACE AT SOMERSET PARK SAVINGS PLAN

401(k) retirement plan

Active participants

Accounts w/ balance

Plan assets (EOY)

$2.2M

Net assets (EOY)

$2.2M

Plan health score

Above-average plan

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Knocking points off

Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (7th percentile).

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for THE PALACE AT SOMERSET PARK, LLC.

Plan sponsor

Name

THE PALACE AT SOMERSET PARK, LLC

EIN

04-3667838

Address

333 DAVIDSON AVENUE · SOMERSET, NJ · 08873

Phone

(732) 271-6342

Industry

Accommodation & Food Servicessee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-06-23

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Audit & trust (Schedule H)

Service providers (Schedule C)

Small plans don't disclose service providers

Related plans

Similar-size Accommodation & Food Services plans

ET RESTAURANT SERVICES, INC.

ET RESTAURANT SERVICES, INC. DEFINED BENEFIT PLAN

$2.2M · 2 participants

LSG SERVICE GUAM, INC.

LSG SERVICE GUAM, INC. RETIREMENT PLAN AND TRUST

$2.2M · 75 participants

CROWN POINT CATERING INC

CROWN POINT CATERING INC 401(K) PROFIT SHARING PLAN & TRUST

$2.2M · 17 participants

GOEGLEINS, INC.

GOEGLEIN'S, INC. 401(K) PROFIT SHARING PLAN

$2.2M · 12 participants

HAWKERS HOLDINGS, LLC DBA HAWKERS ASIAN STREET FOOD