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TORCHY'S TACOS 401(K) PLAN 401k Plan overview

Plan NameTORCHY'S TACOS 401(K) PLAN
Plan identification number 001

TORCHY'S TACOS 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • 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 contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SUCCESS FOODS MANAGEMENT GROUP LLC DBA TORCHY'S TACOS has sponsored the creation of one or more 401k plans.

Company Name:SUCCESS FOODS MANAGEMENT GROUP LLC DBA TORCHY'S TACOS
Employer identification number (EIN):260483845
NAIC Classification:722511
NAIC Description:Full-Service Restaurants

Additional information about SUCCESS FOODS MANAGEMENT GROUP LLC DBA TORCHY'S TACOS

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2007-06-29
Company Identification Number: 0800837341
Legal Registered Office Address: 4501 SPRINGDALE ROAD AUSTIN



78723

More information about SUCCESS FOODS MANAGEMENT GROUP LLC DBA TORCHY'S TACOS

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TORCHY'S TACOS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01RACHAEL SMITH

Plan Statistics for TORCHY'S TACOS 401(K) PLAN

401k plan membership statisitcs for TORCHY'S TACOS 401(K) PLAN

Measure Date Value
2022: TORCHY'S TACOS 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-013,023
Total number of active participants reported on line 7a of the Form 55002022-01-012,864
Number of retired or separated participants receiving benefits2022-01-012
Number of other retired or separated participants entitled to future benefits2022-01-0161
Total of all active and inactive participants2022-01-012,927
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-012,927
Number of participants with account balances2022-01-01249
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0116
2021: TORCHY'S TACOS 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-012,418
Total number of active participants reported on line 7a of the Form 55002021-01-012,276
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0138
Total of all active and inactive participants2021-01-012,314
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-012,314
Number of participants with account balances2021-01-01224
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-012
2020: TORCHY'S TACOS 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-012,496
Total number of active participants reported on line 7a of the Form 55002020-01-011,911
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0145
Total of all active and inactive participants2020-01-011,956
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-011,956
Number of participants with account balances2020-01-01189
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-017
2019: TORCHY'S TACOS 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-011,989
Total number of active participants reported on line 7a of the Form 55002019-01-011,615
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0125
Total of all active and inactive participants2019-01-011,640
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-011,640
Number of participants with account balances2019-01-01180
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-018
2018: TORCHY'S TACOS 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-011,363
Total number of active participants reported on line 7a of the Form 55002018-01-011,196
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0129
Total of all active and inactive participants2018-01-011,225
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-011,225
Number of participants with account balances2018-01-01179
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-012
2017: TORCHY'S TACOS 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-011,317
Total number of active participants reported on line 7a of the Form 55002017-01-011,190
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0113
Total of all active and inactive participants2017-01-011,203
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-011,203
Number of participants with account balances2017-01-01151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0113

Financial Data on TORCHY'S TACOS 401(K) PLAN

Measure Date Value
2022 : TORCHY'S TACOS 401(K) PLAN 2022 401k financial data
Total income from all sources (including contributions)2022-12-31$176,575
Total of all expenses incurred2022-12-31$390,444
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$355,954
Expenses. Certain deemed distributions of participant loans2022-12-31$3,119
Value of total corrective distributions2022-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$849,167
Value of total assets at end of year2022-12-31$3,428,497
Value of total assets at beginning of year2022-12-31$3,642,366
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$31,371
Total interest from all sources2022-12-31$4,573
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$192,516
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$192,516
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$278,392
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$631,830
Participant contributions at end of year2022-12-31$86,637
Participant contributions at beginning of year2022-12-31$73,335
Participant contributions at end of year2022-12-31$0
Participant contributions at beginning of year2022-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$10,000
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$0
Total non interest bearing cash at beginning of year2022-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-213,869
Value of net assets at end of year (total assets less liabilities)2022-12-31$3,428,497
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$3,642,366
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$0
Value of interest in pooled separate accounts at end of year2022-12-31$3,334,044
Value of interest in pooled separate accounts at beginning of year2022-12-31$3,533,602
Interest on participant loans2022-12-31$4,525
Interest earned on other investments2022-12-31$48
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$7,816
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$35,429
Expenses. Payments to insurance carriers foe the provision of benefits2022-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-869,681
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$207,337
Employer contributions (assets) at end of year2022-12-31$0
Employer contributions (assets) at beginning of year2022-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$355,954
Contract administrator fees2022-12-31$31,371
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31ARMANINO LLP
Accountancy firm EIN2022-12-31946214841
2021 : TORCHY'S TACOS 401(K) PLAN 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$1,318,556
Total of all expenses incurred2021-12-31$469,913
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$397,730
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$846,258
Value of total assets at end of year2021-12-31$3,642,366
Value of total assets at beginning of year2021-12-31$2,793,723
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$72,183
Total interest from all sources2021-12-31$6,062
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$186,786
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$186,786
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$250,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$641,119
Participant contributions at end of year2021-12-31$73,335
Participant contributions at beginning of year2021-12-31$108,874
Participant contributions at end of year2021-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$205,139
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$0
Total non interest bearing cash at end of year2021-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$848,643
Value of net assets at end of year (total assets less liabilities)2021-12-31$3,642,366
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$2,793,723
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in pooled separate accounts at end of year2021-12-31$3,533,602
Value of interest in pooled separate accounts at beginning of year2021-12-31$2,673,597
Interest on participant loans2021-12-31$6,062
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$35,429
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$11,252
Expenses. Payments to insurance carriers foe the provision of benefits2021-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$279,450
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$0
Employer contributions (assets) at end of year2021-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$397,730
Contract administrator fees2021-12-31$72,183
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31ARMANINO LLP
Accountancy firm EIN2021-12-31946214841
2020 : TORCHY'S TACOS 401(K) PLAN 2020 401k financial data
Total income from all sources (including contributions)2020-12-31$1,372,287
Total of all expenses incurred2020-12-31$198,956
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$163,538
Expenses. Certain deemed distributions of participant loans2020-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,001,215
Value of total assets at end of year2020-12-31$2,793,723
Value of total assets at beginning of year2020-12-31$1,620,392
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$35,418
Total interest from all sources2020-12-31$5,175
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$104,095
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$104,095
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$250,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$389,517
Participant contributions at end of year2020-12-31$108,874
Participant contributions at beginning of year2020-12-31$70,619
Participant contributions at beginning of year2020-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$494,766
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,173,331
Value of net assets at end of year (total assets less liabilities)2020-12-31$2,793,723
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$1,620,392
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in pooled separate accounts at end of year2020-12-31$2,673,597
Value of interest in pooled separate accounts at beginning of year2020-12-31$1,548,345
Interest on participant loans2020-12-31$5,175
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$11,252
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$1,428
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$261,802
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$116,932
Employer contributions (assets) at beginning of year2020-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$163,538
Contract administrator fees2020-12-31$35,418
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31HOLTZMAN PARTNERS LLP
Accountancy firm EIN2020-12-31743121060
2019 : TORCHY'S TACOS 401(K) PLAN 2019 401k financial data
Total income from all sources (including contributions)2019-12-31$1,083,812
Total of all expenses incurred2019-12-31$166,725
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$130,848
Expenses. Certain deemed distributions of participant loans2019-12-31$8,485
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$855,563
Value of total assets at end of year2019-12-31$1,620,392
Value of total assets at beginning of year2019-12-31$703,305
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$27,392
Total interest from all sources2019-12-31$3,048
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$64,723
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$64,723
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$250,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$479,618
Participant contributions at end of year2019-12-31$70,619
Participant contributions at beginning of year2019-12-31$23,631
Participant contributions at end of year2019-12-31$0
Participant contributions at beginning of year2019-12-31$929
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$214,155
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$917,087
Value of net assets at end of year (total assets less liabilities)2019-12-31$1,620,392
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$703,305
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$676,819
Value of interest in pooled separate accounts at end of year2019-12-31$1,548,345
Interest on participant loans2019-12-31$3,048
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$1,428
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$998
Expenses. Payments to insurance carriers foe the provision of benefits2019-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$160,478
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$161,790
Employer contributions (assets) at end of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$928
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$130,848
Contract administrator fees2019-12-31$27,392
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31HOLTZMAN PARTNERS LLP
Accountancy firm EIN2019-12-31743121060
2018 : TORCHY'S TACOS 401(K) PLAN 2018 401k financial data
Total income from all sources (including contributions)2018-12-31$466,644
Total of all expenses incurred2018-12-31$46,250
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$33,056
Expenses. Certain deemed distributions of participant loans2018-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$513,383
Value of total assets at end of year2018-12-31$703,305
Value of total assets at beginning of year2018-12-31$282,911
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$13,194
Total interest from all sources2018-12-31$528
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$33,050
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$33,050
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$250,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$367,992
Participant contributions at end of year2018-12-31$23,631
Participant contributions at beginning of year2018-12-31$0
Participant contributions at end of year2018-12-31$929
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$4,369
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$420,394
Value of net assets at end of year (total assets less liabilities)2018-12-31$703,305
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$282,911
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$676,819
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$281,984
Interest on participant loans2018-12-31$528
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$998
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$464
Expenses. Payments to insurance carriers foe the provision of benefits2018-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-80,317
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$141,022
Employer contributions (assets) at end of year2018-12-31$928
Employer contributions (assets) at beginning of year2018-12-31$463
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$33,056
Contract administrator fees2018-12-31$13,194
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31ERNST & YOUNG US, LLP
Accountancy firm EIN2018-12-31346565596
2017 : TORCHY'S TACOS 401(K) PLAN 2017 401k financial data
Total income from all sources (including contributions)2017-12-31$285,504
Total of all expenses incurred2017-12-31$2,593
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$1,395
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$272,846
Value of total assets at end of year2017-12-31$282,911
Value of total assets at beginning of year2017-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$1,198
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$7,232
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$7,232
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$250,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$166,261
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$43,417
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$282,911
Value of net assets at end of year (total assets less liabilities)2017-12-31$282,911
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$281,984
Value of interest in pooled separate accounts at beginning of year2017-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$464
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$0
Net investment gain/loss from pooled separate accounts2017-12-31$5,426
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$63,168
Employer contributions (assets) at end of year2017-12-31$463
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$1,395
Contract administrator fees2017-12-31$1,198
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31ERNST & YOUNG US, LLP
Accountancy firm EIN2017-12-31346565596

Form 5500 Responses for TORCHY'S TACOS 401(K) PLAN

2022: TORCHY'S TACOS 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: TORCHY'S TACOS 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: TORCHY'S TACOS 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: TORCHY'S TACOS 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: TORCHY'S TACOS 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: TORCHY'S TACOS 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01First time form 5500 has been submittedYes
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberGA-841973
Policy instance 1
Insurance contract or identification numberGA-841973
Insurance policy start date2022-01-01
Insurance policy end date2022-06-30
Total amount of commissions paid to insurance brokerUSD $9,446
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $8,587
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerBROKER COMMISSIONS
Insurance broker organization code?4
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number758676-01
Policy instance 2
Insurance contract or identification number758676-01
Number of Individuals Covered249
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $8,711
Total amount of fees paid to insurance companyUSD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $8,711
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerBROKER COMMISSIONS
Insurance broker organization code?3
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberGA-841973
Policy instance 1
Insurance contract or identification numberGA-841973
Number of Individuals Covered219
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $14,174
Total amount of fees paid to insurance companyUSD $1,417
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $12,187
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerBROKER COMMISSIONS
Insurance broker organization code?4
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberGA-841973
Policy instance 1
Insurance contract or identification numberGA-841973
Number of Individuals Covered183
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $7,869
Total amount of fees paid to insurance companyUSD $785
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $7,869
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerBROKER COMMISSIONS
Insurance broker organization code?4
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberGA-841973
Policy instance 1
Insurance contract or identification numberGA-841973
Number of Individuals Covered170
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $3,748
Total amount of fees paid to insurance companyUSD $456
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,748
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerBROKER COMMISSIONS
Insurance broker organization code?4
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberGA-841973
Policy instance 1
Insurance contract or identification numberGA-841973
Number of Individuals Covered135
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $2,595
Total amount of fees paid to insurance companyUSD $178
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,595
Additional information about fees paid to insurance brokerBROKER COMMISSIONS
Insurance broker organization code?4
Amount paid for insurance broker fees178
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number841973
Policy instance 1
Insurance contract or identification number841973
Number of Individuals Covered113
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $327
Total amount of fees paid to insurance companyUSD $233
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $327
Additional information about fees paid to insurance brokerBROKER COMMISSIONS
Insurance broker organization code?4
Amount paid for insurance broker fees233
Insurance broker nameNOVA 401K ASSOCIATES

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