Plan Snapshot
- Plan Sponsor: Restaurant Advisory Services, INC.
- Sponsor EIN: 232597954
- Sponsor Address: 328 SOUTH MAIN STREET, NEW HOPE, PA, 18938
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 215
- Total Assets: $27,954
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 215 | $27,954 | $491,171 | $297,818 |
| 2023 | 218 | $13,275 | $358,676 | $308,692 |
| 2022 | 204 | $842 | $351,361 | $283,649 |
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 |
|---|---|---|---|---|
| HAYNES BENEFITS PC | Other Service Provider | $26,065 | — | $26,065 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,065
- Estimated Expense Ratio: 93.242% 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 | $28,729 | — | $2,664 | — | — |
| 2023 | $8,381 | — | $3,894 | — | — |
| 2022 | $14,889 | — | — | — | $14,809 |