Jersey Mike'S 401(K) Profit Sharing Plan — Form 5500 plan (Jersey Mikes Franchise Systems, Inc.)

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, Jersey Mike'S 401(K) Profit Sharing Plan is a benefit plan reported by Jersey Mikes Franchise Systems, Inc. under EIN 22-2815245 and plan number 001. The latest loaded filing year is 2023. The filing reports 481 participants and $31,591,328 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Jersey Mikes Franchise Systems, Inc.
EIN
22-2815245
Plan number
001
Plan type
2
Location
Manasquan, NJ
Latest filing year
2023
Participants
481
End-of-year plan assets
$31,591,328

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023481H, C20241010090742NAL0035346416001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$31,591,328
Total liabilities (EOY)
$165,885
Net assets (EOY)
$31,425,443
Net assets (BOY)
$23,670,237

Income & contributions

Employer contributions
$1,662,487
Participant contributions
$2,652,560
Total contributions
$4,345,535
Total income / additions
$8,329,076

Expenses & distributions

Benefits paid
$561,137
Administrative expenses
$12,733
Total expenses
$573,870
Net increase / (decrease)
$7,755,206

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Associated Pension Consultants, IncTHIRD PARTY ADMIN$0$12,0352023

Related Form 5500 pages