Plan Snapshot
- Plan Sponsor: Restaurant Services INC
- Sponsor EIN: 650308534
- Sponsor Address: 5200 WATERFORD DISTRICT DRIVE # 300, MIAMI, FL, 331267001
- Plan Type: 401(k)
- Total Participants: 81
- Total Assets: $44.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 81 | $44.7M | $805,191 | $1.0M |
| 2023 | 80 | $43.0M | $804,951 | $1.1M |
| 2022 | 85 | $39.3M | $635,614 | $1.1M |
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 |
|---|---|---|---|---|
| BERKOWITZ POLLACK BRANT | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BERKOWITZ POLLACK BRANT — 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 | $59,306 | $30,000 | $29,306 | — | — |
| 2023 | $70,711 | $37,495 | $33,216 | — | — |
| 2022 | $62,151 | $22,498 | $39,653 | — | — |