Plan Snapshot
- Plan Sponsor: Benihana National Corp.
- Sponsor EIN: 592252084
- Sponsor Address: 21500 BISCAYNE BLVD, AVENTURA, FL, 33180
- Plan Type: 401(k)
- Total Participants: 769
- Total Assets: $1.7M
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 | 769 | $1.7M | $0 | $231,503 |
| 2023 | 1,670 | $1.6M | $0 | $222,833 |
| 2022 | 2,469 | $1.4M | $0 | $225,341 |
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 FINANCIAL GROUP | NONE | $26,118 | — | $26,118 |
| RELIANCE | NONE | — | $8,610 | $8,610 |
| KAUFMAN, ROSSIN & CO | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL 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: $34,728
- Estimated Expense Ratio: 2.098% 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 | $25,777 | — | $25,777 | — | — |
| 2023 | $21,759 | — | $21,759 | — | — |
| 2022 | $21,891 | — | $21,891 | — | — |