Plan Snapshot
- Plan Sponsor: Carolina Restaurant Group, INC.
- Sponsor EIN: 561814008
- Sponsor Address: 8040 ARROWRIDGE BLVD, CHARLOTTE, NC, 28273
- Plan Type: 401(k)
- Total Participants: 1,686
- Total Assets: $8.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 1,686 | $8.4M | $259,825 | $461,636 |
| 2023 | 1,339 | $9.0M | $280,056 | $509,563 |
| 2022 | 1,306 | $8.5M | $327,529 | $609,335 |
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 |
|---|---|---|---|---|
| NFP RETIREMENT INC | ADVISOR | $23,013 | — | $23,013 |
| GREERWALKER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NFP RETIREMENT INC — ADVISOR
- GREERWALKER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,013
- Estimated Expense Ratio: 0.273% 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 | $26,939 | $23,013 | — | — | — |
| 2023 | $21,154 | $22,650 | — | — | — |
| 2022 | $16,633 | — | — | — | — |