401(k) · DOL Form 5500 · 2023

Hersha Hospitality Management, L.P. 401(k) Plan

Data updated 2026-08-25

$60M
Total assets Below avg plan size
8,629
Participants Very large workforce
87th
Percentile by assets National rank
$6,914
Avg per participant Low balance/head
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Official DOL plan name: The Hersha Hospitality Management 401(k) Plan · Sponsored by Hersha Hospitality Management, L.P. · Pennsylvania · Food Services & Accommodation

$60M in assets, 8,629 participants

Hersha Hospitality Management, L.P.'s The Hersha Hospitality Management 401(k) Plan reported $60M in total assets and 8,629 participants in its 2023 DOL Form 5500 filing, ranking in the 87th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #3,694 in Food Services & Accommodation (3,828 peers)

Coverage in Pennsylvania

The Hersha Hospitality Management 401(k) Plan covers 8,629 participants in Pennsylvania, 11x the typical Pennsylvania plan (state average ~822 per filing). Assets: $60M.

#3,694
in Food Services & Accommodation (3,828 peers)
+36.9%
assets growth YoY
0.6×
vs typical plan assets (national mean)

The Hersha Hospitality Management 401(k) Plan's outsized position by total assets

The Hersha Hospitality Management 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$59,658,501 Top 13% higher than 87% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

The Hersha Hospitality Management 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Hersha Hospitality Management 401(k) Plan lands in the large band (8,629 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Hersha Hospitality Management 401(k) Plan reported net income rose from -$152K in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • The Hersha Hospitality Management 401(k) Plan reported participants rose from 4,734 in the plan year 2022 filing to 8,629 in the plan year 2023 filing.
  • The Hersha Hospitality Management 401(k) Plan end-of-year assets rose from $44M in the plan year 2022 filing to $60M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 232947379 · Hersha Hospitality Management, L.P. PY 2023 · 401(k)

The Hersha Hospitality Management 401(k) Plan · $60M · 8,629 · 87th

  • BOOK $60M
  • BOOK 8,629
  • BOOK 87th
  • BOOK 401(k)
  • BOOK near Figma, Inc 401(k) Plan
  • BOOK ind #3694

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Food Services & Accommodation retirement plans → · Plans in Pennsylvania →

The Hersha Hospitality Management 401(k) Plan in the asset neighbourhood

Godbersen-Smith Construction Company 401(k) Profit Sharing PlanGodbersen-Smith Construction…$60MThe Hersha Hospitality Management 401(k) PlanThe Hersha Hospitality Manag…$60MFigma, Inc 401(k) Plan$60MR.H. White 401(k) Profit Sharing-Pw PlanR.H. White 401(k) Profit Sha…$60MInsightsoftware 401(k) Plan$60M
End-of-year total assets ($M) among The Hersha Hospitality Management 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$60M
Net Income$16M
Employer EIN232947379
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hersha Hospitality Management, L.P.)

Sponsor-wide plan assets over time

All Hersha Hospitality Management, L.P. plans reported in each filing year

Latest sponsor-wide plan assets
$74M 68.79443129355933% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $43.6M $73.5M ▲ +68.8%
Year Plans Participants Total Assets
2022 1 4,734 $44M
2023 1 8,629 $60M
2024 1 8,581 $74M

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

The Hersha Hospitality Management 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 -505101520 Total assets ($B) Participants The Hersha Hospitality Management 401(k) Plan, Total assets ($B): 0.059658501 · Participants: 8629The Hersha Hospitality Management 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
The Hersha Hospitality Management 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare The Hersha Hospitality Management 401(k) Plan side-by-side with 3 peers →

Scale composition for The Hersha Hospitality Management 401(k) Plan

The Hersha Hospitality Management 401(k) Plan reports $60M in end-of-year assets across 8,629 participants (0.000% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $6,914 per participant (5% of the national average assets-per-participant) . Net income for plan year 2023 was $16M.

This plan identity (EIN 232947379, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $44M to $74M (+68.8%) while covered participants moved from 4,734 to 8,581 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,734 $44M Open filing
2023 8,629 $60M This page
2024 · index core 8,581 $74M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

The Hersha Hospitality Management 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Figma, Inc 401(k) Plan in CA ($60M); by covered participants it is The Queen's Health Systems Retirement Savings Plan in HI (8,612 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($60M here).

Similar participant headcount

Nearest other-state filings by covered participants (8,629 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Hersha Hospitality Management 401(k) Plan assets move in 2023? ▼
The Hersha Hospitality Management 401(k) Plan surged - up 36.9% during 2023, from $44M to $60M. Reported net income was $16M.
How have Hersha Hospitality Management, L.P. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hersha Hospitality Management, L.P.'s sponsor-wide assets grew 68.8%, from $44M to $74M.
Where does The Hersha Hospitality Management 401(k) Plan rank by assets among Form 5500 filers? ▼
The Hersha Hospitality Management 401(k) Plan ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Hersha Hospitality Management 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Figma, Inc 401(k) Plan in CA ($60M, 828 participants).
Which 401(k) plans cover a similar participant headcount to The Hersha Hospitality Management 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Queen's Health Systems Retirement Savings Plan in HI (8,612 participants, $1.6B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 232947379.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.