Retirement plan

PPX HOSPITALITY BRANDS 401(K) PLAN

Name: LEGAL SEA FOODS RESTAURANT GROUP INC - PPX HOSPITALITY BRANDS 401(K) PLAN (2025) Form 5500
Creator: LEGAL SEA FOODS RESTAURANT GROUP INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PPX HOSPITALITY BRANDS 401(K) PLAN, LEGAL SEA FOODS RESTAURANT GROUP INC

LEGAL SEA FOODS RESTAURANT GROUP INCEIN 65-0224834Plan #001PY 2025

5 DRYDOCK AVENUE, SUITE 2010 - BOSTON, MA 02210617-530-9525

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$16.5M

+5.4% from 2024

Total participants

2,228

+3.7% from 2024

Average account balance

$33,373

-1.5% from 2024

Annual return

14.25%

-4.63 pp from 2024

Benchmarks

See 49 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort49 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$16.52M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$33K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

495

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

16.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.86M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$903

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.25%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$370

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE5+ years Filed as: GREATWEST LIFE & ANNUITY INSURANCE Service code 64 8915 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$90,244
ALLIANCE PENSION CONSULTANTS, LLC5+ years Filed as: ALLIANT INSURANCE SERVICES INC. Service code 13 PO BOX 22052 · NEW YORK, NY 100872052	Contract Administrator	$58,355
GREAT-WEST LIFE & ANNUITY INSURANCE4 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCAHRD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$32,826

Plan features & details

Pension benefit codes2F2G2J2K3D

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$183K

$89 / participant

Investment mgmt$183K100.0%

% of EOY assets

1.110%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CARON & BLETZER,PLLC
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,373

$36,943-9.7%

$52,425-36.3%

$103,975-67.9%

Participation rate

16.0%

27.5%-11.5pp

55.6%-39.6pp

72.5%-56.5pp

Annual return

14.25%

17.59%-3.3pp

302.12%-287.9pp

19.41%-5.2pp

Employer contribution / active EE

$169

$884-80.8%

$914-81.5%

$3,722-95.4%

Participant deferral / active EE

$733

$1,347-45.5%

$1,790-59.0%

$5,343-86.3%

Admin fee / account holder

$370

$508-27.1%

$2,495-85.2%

$332+11.4%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE5+ years

Filed as: GREATWEST LIFE & ANNUITY INSURANCE

Service code 64

8915 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$90,244

ALLIANCE PENSION CONSULTANTS, LLC5+ years

Filed as: ALLIANT INSURANCE SERVICES INC.

Service code 13

PO BOX 22052 · NEW YORK, NY 100872052

Contract Administrator

$58,355

GREAT-WEST LIFE & ANNUITY INSURANCE4 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCAHRD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$32,826

PPX HOSPITALITY BRANDS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PPX HOSPITALITY BRANDS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion