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

Schiff's Restaurant Service, Inc. 401(k) Plan

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

Sponsored by Schiffs Restaurant Service, Inc. · Pennsylvania · Retail Trade

What the 2023 filing shows

Schiff's Restaurant Service, Inc. 401(k) Plan holds $2M for 142 participants — about $16,842 per participant, down 25.9% over the 2022 plan year.

$2M
total plan assets (2022 EOY)
142
covered participants
$16,842
avg assets per participant
-25.9%
assets change YoY

The plan reported a net loss of $835K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$2M
Participants
142
State
Industry
Retail Trade

What the Filing Says About Schiff's Restaurant Service, Inc. 401(k) Plan

Schiff's Restaurant Service, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Schiffs Restaurant Service, Inc., headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports $2M in total end-of-year assets and covers 142 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 231881026, and the plan has been effective since 1974-03-28. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $3M at the beginning of 2022 to $2M at year-end — a decline of 25.9%. Net assets (after liabilities) closed the year at $2M, with reported net income of $-835,298 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)$3M
Total Assets (End of Year)$2M
Net Assets (End of Year)$2M
Net Income$-835,298
Plan Type401(k)
Employer EIN231881026
Plan Effective Date1974-03-28
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Schiff's Restaurant Service, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Schiff's Restaurant Service, Inc. 401(k) Plan holds $2M in total assets with 142 participants. It is sponsored by Schiffs Restaurant Service, Inc..
What type of plan is Schiff's Restaurant Service, Inc. 401(k) Plan?
Schiff's Restaurant Service, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1974-03-28. The plan is filed with the U.S. Department of Labor under EIN 231881026.
Who sponsors the Schiff's Restaurant Service, Inc. 401(k) Plan?
Schiff's Restaurant Service, Inc. 401(k) Plan is sponsored by Schiffs Restaurant Service, Inc., located in Pennsylvania. The sponsor's EIN is 231881026 and the plan operates in the Retail Trade industry.
How did Schiff's Restaurant Service, Inc. 401(k) Plan perform in 2022?
Schiff's Restaurant Service, Inc. 401(k) Plan declined by 25.9% during 2022, moving from $3M to $2M in total assets. Net income was $-835,298.
Where can I find official filings for Schiff's Restaurant Service, Inc. 401(k) Plan?
Official Form 5500 filings for Schiff's Restaurant Service, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 231881026 or plan name at efast.dol.gov.
How does Schiff's Restaurant Service, Inc. 401(k) Plan compare to other plans?
You can compare Schiff's Restaurant Service, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Pennsylvania on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 231881026.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.