Plan Snapshot
- Plan Sponsor: Flanigans Enterprises, INC.
- Sponsor EIN: 590877638
- Sponsor Address: 5059 NE 18TH AVENUE, FORT LAUDERDALE, FL, 33334
- Plan Type: 401(k)
- Total Participants: 7,423
- Total Assets: $14.5M
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 | 7,423 | $14.5M | $99,573 | $1.3M |
| 2023 | 6,444 | $12.5M | $93,861 | $1.2M |
| 2022 | 5,268 | $10.6M | $92,508 | $1.1M |
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 | SERVICE PROVIDER | — | $36,667 | $36,667 |
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $7,700 | $67 | $7,767 |
| COHNRESNICK | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NFP RETIREMENT INC — SERVICE PROVIDER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,434
- Estimated Expense Ratio: 0.307% 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 | $7,700 | — | $6,700 | — | — |
| 2023 | $7,900 | — | $6,500 | — | — |
| 2022 | $5,000 | — | — | — | — |