Plan Snapshot
- Plan Sponsor: Benihana National Corp.
- Sponsor EIN: 592252084
- Sponsor Address: 21500 BISCAYNE BLVD, AVENTURA, FL, 33180
- Plan Type: 401(k)
- Total Participants: 4,034
- Total Assets: $26.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,034 | $26.9M | $0 | $4.1M |
| 2023 | 3,371 | $23.8M | $0 | $3.8M |
| 2022 | 5,752 | $19.7M | $0 | $3.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| STANCORP FINACIAL GROUP | NONE | $372,262 | $42 | $372,304 |
| RELIANCE | NONE | — | $15,966 | $15,966 |
| KAUFMAN, ROSSIN & CO | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINACIAL GROUP — NONE
- RELIANCE — NONE
- KAUFMAN, ROSSIN & CO — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $388,270
- Estimated Expense Ratio: 1.446% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $372,176 | — | $372,176 | — | — |
| 2023 | $356,261 | — | $356,261 | — | — |
| 2022 | $385,382 | — | $385,382 | — | — |