Sarco Employees Retirement Plan — Form 5500 plan (South American Restaurants Corp.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Sarco Employees Retirement Plan is a benefit plan reported by South American Restaurants Corp. under EIN 66-0357499 and plan number 002. The latest loaded filing year is 2023. The filing reports 4,383 participants and $22,842,442 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
South American Restaurants Corp.
EIN
66-0357499
Plan number
002
Plan type
2
Location
San Juan, PR
Latest filing year
2023
Participants
4,383
End-of-year plan assets
$22,842,442

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,383H, C20240731143006NAL0022438785001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$22,842,442
Total liabilities (EOY)
$51,404
Net assets (EOY)
$22,791,038
Net assets (BOY)
$19,295,226

Income & contributions

Employer contributions
$940,970
Participant contributions
$1,360,892
Total contributions
$2,302,805
Total income / additions
$5,511,265

Expenses & distributions

Benefits paid
$1,949,978
Administrative expenses
$14,091
Total expenses
$2,015,453
Net increase / (decrease)
$3,495,812

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Nppg Record Keeping SolutionsRECORDKEEPER$14,091$02023

Related Form 5500 pages