Plan Snapshot
- Plan Sponsor: Islands Restaurants, LLC
- Sponsor EIN: 330475521
- Sponsor Address: 5760 FLEET STREET, CARLSBAD, CA, 92008
- Plan Type: 401(k)
- Total Participants: 1,537
- Total Assets: $15.3M
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 | 1,537 | $15.3M | $330,692 | $706,005 |
| 2023 | 1,553 | $13.4M | $309,877 | $692,191 |
| 2022 | 1,506 | $11.7M | $316,758 | $733,679 |
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 |
|---|---|---|---|---|
| DUFFY KRUSPODIN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DUFFY KRUSPODIN LLP — Auditor
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 | $85,843 | $63,253 | $9,620 | — | — |
| 2023 | $79,452 | $28,622 | $3,550 | — | — |
| 2022 | $92,344 | $61,763 | $22,288 | — | $8,293 |