401k Plan data: FIESTA MEXICANA 401(K) PLAN plan

FIESTA MEXICANA 401(K) PLAN 401k Plan overview

Plan Name	FIESTA MEXICANA 401(K) PLAN
Plan identification number	002

FIESTA MEXICANA 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
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.
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.

401k Sponsoring company profile

FIESTA MEXICANA LUIS INC. has sponsored the creation of one or more 401k plans.

Company Name: FIESTA MEXICANA LUIS INC.

Employer identification number (EIN): 550816701

NAIC Classification: 722511
NAIC Description: Full-Service Restaurants

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIESTA MEXICANA 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01 LUIS SANCHEZ 2024-10-06
002 2022-01-01 LUIS SANCHEZ 2023-10-12
002 2021-01-01
002 2020-01-01
002 2019-01-01
002 2018-01-01
002 2017-01-01
002 2016-01-01
002 2015-01-01
002 2014-01-01
002 2013-01-01
002 2012-01-01 MICHAEL OSTUNI 2013-10-02
002 2011-01-01 MICHAEL OSTUNI 2012-09-06
002 2010-01-01 MICHAEL OSTUNI 2011-10-14

Financial Data on FIESTA MEXICANA 401(K) PLAN

Measure	Date	Value
2023 : FIESTA MEXICANA 401(K) PLAN 2023 401k financial data
Transfers to/from the plan	2023-12-31	$0
Total plan liabilities at end of year	2023-12-31	$0
Total plan liabilities at beginning of year	2023-12-31	$0
Total income from all sources	2023-12-31	$378,085
Expenses. Total of all expenses incurred	2023-12-31	$9,632
Benefits paid (including direct rollovers)	2023-12-31	$0
Total plan assets at end of year	2023-12-31	$2,010,402
Total plan assets at beginning of year	2023-12-31	$1,641,949
Value of fidelity bond covering the plan	2023-12-31	$500,000
Total contributions received or receivable from participants	2023-12-31	$52,500
Assets. Value of loans (other than to participants)	2023-12-31	$466,206
Expenses. Other expenses not covered elsewhere	2023-12-31	$0
Contributions received from other sources (not participants or employers)	2023-12-31	$0
Other income received	2023-12-31	$208,755
Noncash contributions received	2023-12-31	$0
Net income (gross income less expenses)	2023-12-31	$368,453
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$2,010,402
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$1,641,949
Total contributions received or receivable from employer(s)	2023-12-31	$116,830
Value of certain deemed distributions of participant loans	2023-12-31	$0
Value of corrective distributions	2023-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2023-12-31	$9,632
2022 : FIESTA MEXICANA 401(K) PLAN 2022 401k financial data
Transfers to/from the plan	2022-12-31	$0
Total plan liabilities at end of year	2022-12-31	$0
Total plan liabilities at beginning of year	2022-12-31	$0
Total income from all sources	2022-12-31	$-54,264
Expenses. Total of all expenses incurred	2022-12-31	$11,354
Benefits paid (including direct rollovers)	2022-12-31	$0
Total plan assets at end of year	2022-12-31	$1,641,949
Total plan assets at beginning of year	2022-12-31	$1,707,567
Value of fidelity bond covering the plan	2022-12-31	$500,000
Total contributions received or receivable from participants	2022-12-31	$47,500
Assets. Value of loans (other than to participants)	2022-12-31	$466,206
Expenses. Other expenses not covered elsewhere	2022-12-31	$0
Contributions received from other sources (not participants or employers)	2022-12-31	$0
Other income received	2022-12-31	$-261,154
Noncash contributions received	2022-12-31	$0
Net income (gross income less expenses)	2022-12-31	$-65,618
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$1,641,949
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$1,707,567
Total contributions received or receivable from employer(s)	2022-12-31	$159,390
Value of certain deemed distributions of participant loans	2022-12-31	$0
Value of corrective distributions	2022-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$11,354
Total transfers to/from plan in this plan year	2022-10-13	0
Total liabilities as of the end of the plan year	2022-10-13	0
Total liabilities as of the beginning of the plan year	2022-10-13	0
Total expenses incurred by plan in this plan year	2022-10-13	56997
Net assets as of the end of the plan year	2022-10-13	1707567
Total assets as of the beginning of the plan year	2022-10-13	1380436
Value of plan covered by a fidelity bond	2022-10-13	140000
Participant contributions to plan in this plan year	2022-10-13	45500
Value of participant loans at end of plan year	2022-10-13	0
Other expenses paid from plan in this plan year	2022-10-13	0
Other contributions to plan in this plan year	2022-10-13	198566
Other income to plan in this plan year	2022-10-13	0
Plan net income in this plan year	2022-10-13	327131
Net assets as of the end of the plan year	2022-10-13	1707567
Net assets as of the beginning of the plan year	2022-10-13	1380436
Value of contributions failed to transmitted timely	2022-10-13	0
Employer contributions to plan in this plan year	2022-10-13	140062
Fees paid to broker by Benefit Provider	2022-10-13	3219
Expensese paid to adminstrative service provicers from plan in this plan year	2022-10-13	11894

Form 5500 Responses for FIESTA MEXICANA 401(K) PLAN

2023: FIESTA MEXICANA 401(K) PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Plan funding arrangement – Insurance	Yes
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement – Insurance	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: FIESTA MEXICANA 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY OF NEW YORK (National Association of Insurance Commissioners NAIC id number: 86375 )

Policy contract number

802333

Policy instance

Insurance contract or identification number	802333
Insurance policy start date	2023-01-01
Insurance policy end date	2023-12-31
Total amount of commissions paid to insurance broker	USD $2,262
Total amount of fees paid to insurance company	USD $746
Are there contracts with allocated funds for group deferred annuity?	Yes

THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 78778 )

Policy contract number

VARIOUS

Policy instance

Insurance contract or identification number	VARIOUS
Number of Individuals Covered	1
Insurance policy start date	2023-01-01
Insurance policy end date	2023-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	1

JOHN HANCOCK LIFE INSURANCE COMPANY OF NEW YORK (National Association of Insurance Commissioners NAIC id number: 86375 )

Policy contract number

802333

Policy instance

THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 78778 )

Policy contract number

VARIOUS

Policy instance

Potentially related plans

FIESTA MEXICANA MARKET, L.P. 401(K) PLAN [EIN = 330688984]

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Company Name:	FIESTA MEXICANA LUIS INC.
Employer identification number (EIN):	550816701
NAIC Classification:	722511
NAIC Description:	Full-Service Restaurants

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2023-01-01	LUIS SANCHEZ	2024-10-06
002	2022-01-01	LUIS SANCHEZ	2023-10-12
002	2021-01-01
002	2020-01-01
002	2019-01-01
002	2018-01-01
002	2017-01-01
002	2016-01-01
002	2015-01-01
002	2014-01-01
002	2013-01-01
002	2012-01-01	MICHAEL OSTUNI	2013-10-02
002	2011-01-01	MICHAEL OSTUNI	2012-09-06
002	2010-01-01	MICHAEL OSTUNI	2011-10-14