Plan Snapshot
- Plan Sponsor: Quality Restaurant Concepts, LLC
- Sponsor EIN: 581829996
- Sponsor Address: 601 VESTAVIA PARKWAY SUITE 1000, BIRMINGHAM, AL, 35216
- Plan Type: 401(k)
- Total Participants: 1,121
- Total Assets: $7.0M
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 | 1,121 | $7.0M | $89,518 | $592,797 |
| 2023 | 1,086 | $6.1M | $91,073 | $536,568 |
| 2022 | 1,073 | $5.8M | $77,971 | $546,685 |
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 |
|---|---|---|---|---|
| CARR, RIGGS AND INGRAM, LLC | Auditor | — | — | $0 |
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 | $79,983 | $34,824 | — | — | — |
| 2023 | $69,827 | $29,845 | — | — | — |
| 2022 | $57,764 | $29,209 | $28,555 | — | — |