401(k)
2022 plan-year 401(k) DOL Form 5500

SYED RESTAURANT ENTERPRISES, INC 401(K) PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

SYED RESTAURANT ENTERPRISES, INC

This 401(k) plan holds $231K in total assets and serves 569 participants as of 2022. It is sponsored by SYED RESTAURANT ENTERPRISES, INC in New York. The plan reported a net loss of $38K for the year.

Total Assets (2023)
$231K
Participants
569
State
Industry
Food Services & Accommodation

What the Filing Says About SYED RESTAURANT ENTERPRISES, INC 401(K) PLAN

SYED RESTAURANT ENTERPRISES, INC 401(K) PLAN is a 401(k) retirement plan sponsored by SYED RESTAURANT ENTERPRISES, INC, headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $231K in total end-of-year assets and covers 569 participants across the Food Services & Accommodation industry. The sponsor's EIN on file with the U.S. Department of Labor is 261276014, and the plan has been effective since 2019-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $270K at the beginning of 2022 to $231K at year-end — a decline of 14.2%. Net assets (after liabilities) closed the year at $231K, with reported net income of $-38,350 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$270K
Total Assets (End of Year)$231K
Net Assets (End of Year)$231K
Net Income$-38,350
Plan Type401(k)
Employer EIN261276014
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the SYED RESTAURANT ENTERPRISES, INC 401(K) PLAN?
As of the 2022 Form 5500 filing, SYED RESTAURANT ENTERPRISES, INC 401(K) PLAN holds $231K in total assets with 569 participants. It is sponsored by SYED RESTAURANT ENTERPRISES, INC.
What type of plan is SYED RESTAURANT ENTERPRISES, INC 401(K) PLAN?
SYED RESTAURANT ENTERPRISES, INC 401(K) PLAN is a 401(k) plan. It has been effective since 2019-01-01. The plan is filed with the U.S. Department of Labor under EIN 261276014.
Who sponsors the SYED RESTAURANT ENTERPRISES, INC 401(K) PLAN?
SYED RESTAURANT ENTERPRISES, INC 401(K) PLAN is sponsored by SYED RESTAURANT ENTERPRISES, INC, located in New York. The sponsor's EIN is 261276014 and the plan operates in the Food Services & Accommodation industry.
How did SYED RESTAURANT ENTERPRISES, INC 401(K) PLAN perform in 2022?
SYED RESTAURANT ENTERPRISES, INC 401(K) PLAN declined by 14.2% during 2022, moving from $270K to $231K in total assets. Net income was $-38,350.
Where can I find official filings for SYED RESTAURANT ENTERPRISES, INC 401(K) PLAN?
Official Form 5500 filings for SYED RESTAURANT ENTERPRISES, INC 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 261276014 or plan name at efast.dol.gov.
How does SYED RESTAURANT ENTERPRISES, INC 401(K) PLAN compare to other plans?
You can compare SYED RESTAURANT ENTERPRISES, INC 401(K) PLAN against other 401(k) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 261276014.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.