Plan Snapshot
- Plan Sponsor: Fazoli'S Restaurant Group, INC.
- Sponsor EIN: 205593113
- Sponsor Address: 2470 PALUMBO DR, LEXINGTON, KY, 40509
- Plan Type: 401(k)
- Total Participants: 363
- Total Assets: $14.3M
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 | 363 | $14.3M | $267,031 | $644,308 |
| 2023 | 405 | $14.6M | $261,358 | $642,128 |
| 2022 | 410 | $13.0M | $326,274 | $775,249 |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $8,721 | $6,288 | — | — | — |
| 2023 | $9,868 | $6,706 | — | — | — |
| 2022 | $8,221 | $5,413 | — | — | — |