Plan Snapshot
- Plan Sponsor: Cave Enterprises Operations, LLC Dba Burger King
- Sponsor EIN: 204023518
- Sponsor Address: 1624 W 18TH ST, CHICAGO, IL, 60608
- Plan Type: 401(k)
- Total Participants: 1,022
- Total Assets: $7.3M
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 | 1,022 | $7.3M | $94,812 | $467,235 |
| 2023 | 1,270 | $6.9M | $76,770 | $390,968 |
| 2022 | 937 | $6.0M | $80,511 | $420,302 |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | — | $18,389 | $18,389 |
| MML INS AGCY LLC | FINANCIAL ADVISOR | $18,389 | — | $18,389 |
| MAP RETIREMENT USA LLC | THIRD PARTY ADMIN | $6,593 | — | $6,593 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,371
- Estimated Expense Ratio: 0.598% 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 | $24,947 | — | $24,947 | — | — |
| 2023 | $21,999 | — | $21,999 | — | — |
| 2022 | $22,547 | — | $22,547 | — | — |