Plan Snapshot
- Plan Sponsor: First Watch Restaurants, INC.
- Sponsor EIN: 650543723
- Sponsor Address: 8725 PENDERY PLACE, BRADENTON, FL, 34201
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,620
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,620 | $0 | $0 | $0 |
| 2023 | 1,514 | $0 | $0 | $0 |
| 2022 | 1,320 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|
| FLORIDA BLUE CROSS BLUE SHIELD | Other Service Provider | $1,162,558 | — | $1,162,558 |
| RXBENEFITS, INC. | Other Service Provider | $56,972 | — | $56,972 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,219,530
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 | — | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |