Plan Snapshot
- Plan Sponsor: Quality Restaurant Group LLC
- Sponsor EIN: 822429645
- Sponsor Address: PO BOX 58759, RALEIGH, NC, 27658
- Plan Type: 401(k)
- Total Participants: 4,057
- Total Assets: $3.9M
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 | 4,057 | $3.9M | $41,573 | $403,001 |
| 2023 | 8,276 | $3.1M | $0 | $430,615 |
| 2022 | 4,792 | $2.6M | $0 | $499,410 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $73,449 | — | $73,449 |
| SAGEVIEW ADVISORY GROUP, LLC | INV ADV, PARTICIPANTS | — | $12,490 | $12,490 |
| WINDHAM BRANNON, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAGEVIEW ADVISORY GROUP, LLC — INV ADV, PARTICIPANTS
- WINDHAM BRANNON, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,939
- Estimated Expense Ratio: 2.226% 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 | $73,449 | — | $73,449 | — | — |
| 2023 | $38,976 | — | $38,976 | — | — |
| 2022 | $2,550 | — | — | — | — |