Plan Snapshot
- Plan Sponsor: Potbelly Sandwich Works, LLC
- Sponsor EIN: 364063453
- Sponsor Address: 680 NORTH LAKE SHORE DRIVE, CHICAGO, IL, 60611
- Plan Type: 401(k)
- Total Participants: 5,024
- Total Assets: $22.4M
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 | 5,024 | $22.4M | $1.2M | $2.6M |
| 2023 | 4,643 | $19.3M | $677,456 | $1.8M |
| 2022 | 6,219 | $15.7M | $501,926 | $1.8M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $77,805 | — | $77,805 |
| CROWE LLP | ACCOUNTANT/AUDITOR | $45,675 | — | $45,675 |
| MORGAN STANLEY SMITH BARNEY LLC | INVESTMENT ADVISOR | $21,750 | — | $21,750 |
| SIKICH CPA LLC | ACCOUNTANT/AUDITOR | $21,750 | — | $21,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MORGAN STANLEY SMITH BARNEY LLC — INVESTMENT ADVISOR
- SIKICH CPA LLC — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $166,980
- Estimated Expense Ratio: 0.746% 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 | $166,980 | $21,750 | — | $67,425 | — |
| 2023 | $96,841 | $29,000 | — | $10,000 | — |
| 2022 | $91,056 | — | — | — | — |