Liquidation: Ryman Hospitality Properties, Inc.
Form Type: 11-K
Filing Date: 2025-06-30
Corporate Action: Liquidation
Type: New
Accession Number: 000155837025008997
Filing Summary: The document provides the annual report for the Ryman Hospitality Properties, Inc. 401(k) Savings Plan as of December 31, 2024. It includes an audit report confirming that the financial statements fairly present the net assets available for benefits. As of December 31, 2024, net assets amounted to $102,079,000, reflecting an increase due to investment income and contributions, alongside a notable transition where the plan is closing to new participants as of this date. Effective January 1, 2025, the plan was merged into a pooled employer plan, with all assets transferred following a liquidation of investments on December 31, 2024. The document also discusses the plan's contributions, eligibility, vesting, and payment of benefits, with participants being vested in their voluntary contributions immediately. Any loans taken by participants and their repayment terms are outlined, as well as risks associated with investment in various securities.
Additional details:
Cash Balance: 97421
Net Assets Available Beginning: 92817
Net Assets Available End: 102079
Investment Income: 11643
Participant Contributions: 3105
Employer Contributions: 1618
Benefits Paid To Participants: 7427
Administrative Expenses: 94
Net Increase In Net Assets: 9262
Plan Merge Date: 2025-01-01
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