Plan Snapshot
- Plan Sponsor: Hooters Of America, LLC
- Sponsor EIN: 751965288
- Sponsor Address: 1815 THE EXCHANGE, ATLANTA, GA, 30339
- Plan Type: 401(k)
- Total Participants: 3,445
- Total Assets: $17.4M
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 | 3,445 | $17.4M | $758,729 | $1.4M |
| 2023 | 4,407 | $15.8M | $722,519 | $1.4M |
| 2022 | 2,933 | $13.8M | $755,499 | $1.4M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $57,728 | — | $57,728 |
| MERCER (US) INC MERCER INVESTMENTS | INVESTMENT ADVISOR | $24,926 | — | $24,926 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $82,654
- Estimated Expense Ratio: 0.476% 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 | $85,032 | $27,304 | — | — | — |
| 2023 | $59,726 | $1,093 | — | — | — |
| 2022 | $122,824 | $68,631 | $41,092 | — | $11,844 |