Profit Sharing · DOL Form 5500 · 2022

South American Restaurant Corp. Profit Sharing Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
2,101
Participants Near avg headcount
77th
Percentile by assets National rank
$9,190
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sarco Employees Retirement Plan · Sponsored by South American Restaurant Corp. · Puerto Rico · Food Services & Accommodation

$19M in assets, 2,101 participants

South American Restaurant Corp.'s Sarco Employees Retirement Plan reported $19M in total assets and 2,101 participants in its 2022 DOL Form 5500 filing, ranking in the 77th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #4,332 in Food Services & Accommodation (4,592 peers)

Coverage in Puerto Rico

Sarco Employees Retirement Plan covers 2,101 participants in Puerto Rico, 24x the typical Puerto Rico plan (state average ~89 per filing). Assets: $19M.

#4,332
in Food Services & Accommodation (4,592 peers)
-16.4%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sarco Employees Retirement Plan's outsized position by total assets

Sarco Employees Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$19,307,962 Top 23% higher than 77% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Sarco Employees Retirement Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sarco Employees Retirement Plan lands in the large band (2,101 participants).

EBSA filing schedule strip

Filing strip 660357499 · South American Restaurant Corp. PY 2022 · Profit Sharing

Sarco Employees Retirement Plan · $19M · 2,101 · 77th

  • RANK $19M
  • RANK 2,101
  • RANK 77th
  • RANK Profit Sharing
  • RANK near Ecp Realty Services Profit Sharing Retirement Plan
  • RANK ind #4332

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Food Services & Accommodation retirement plans → · Plans in Puerto Rico →

Sarco Employees Retirement Plan in the asset neighbourhood

Bronxworks Defined Contribution Pension PlanBronxworks Defined Contribut…$19MSarco Employees Retirement PlanSarco Employees Retirement P…$19MEcp Realty Services Profit Sharing Retirement PlanEcp Realty Services Profit S…$19MNew England Gallery, Inc. Profit Sharing PlanNew England Gallery, Inc. Pr…$19MThomas College DC Retirement PlanThomas College DC Retirement…$19M
End-of-year total assets ($M) among Sarco Employees Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Puerto Rico filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$19M
Net Income-$4M
Employer EIN660357499
Plan Effective Date2006-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (South American Restaurant Corp.)

Sponsor-wide plan assets over time

All South American Restaurant Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 28.106171951239595% vs 2022
2024 filing year
$18M$20M$22M$24M$26M 202220232024 $19.3M $24.7M ▲ +28.1%
Year Plans Participants Total Assets
2022 1 2,101 $19M
2023 1 3,515 $23M
2024 1 2,696 $25M

Nearby Profit Sharing Plans in Puerto Rico

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Sarco Employees Retirement Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants Scatter plot of 6 data points. 0200040006000800010000 -2000200400600800 Total assets ($M) Participants Sarco Employees Retirement Plan, Total assets ($M): 19.307962 · Participants: 2101Sarco Employees Retirement PlanThe Retirement and Savings Plan for Amgen Manufacturing, Limited, Total assets ($M): 610.714871 · Participants: 2614The Retirement and Savings Plan for Amgen Manufacturing, LimitedPopular, Inc. Pr Savings and Investment Plan, Total assets ($M): 560.659802 · Participants: 7773Popular, Inc. Pr Savings and Investment PlanThe Savings Plan for Lilly Affiliate Employees in Puerto Rico, Total assets ($M): 335.866134 · Participants: 1038The Savings Plan for Lilly Affiliate Employees in Puerto RicoHewlett Packard Enterprise Puerto Rico Tax Saving Capital Accumulation Plan, Total assets ($M): 157.996201 · Participants: 743Hewlett Packard Enterprise Puerto Rico Tax Saving Capital Accumulation PlanThe Oriental Bank Coda Profit Sharing Plan, Total assets ($M): 110.491013 · Participants: 2082The Oriental Bank Coda Profit Sharing Plan
Sarco Employees Retirement Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants

Sarco Employees Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Puerto Rico, the nearest Profit Sharing by assets is Ecp Realty Services Profit Sharing Retirement Plan in NY ($19M); by covered participants it is IBEW Local No. 236 Annuity Plan in NY (2,101 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,101 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sarco Employees Retirement Plan assets move in 2022?
Sarco Employees Retirement Plan declined sharply - down 16.4% during 2022, from $23M to $19M. Reported net income was -$4M.
How have South American Restaurant Corp. plan assets changed over time?
Across 3 plan years on file (2022-2024), South American Restaurant Corp.'s sponsor-wide assets grew 28.1%, from $19M to $25M.
Where does Sarco Employees Retirement Plan rank by assets among Form 5500 filers?
Sarco Employees Retirement Plan ranks in the 77th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Sarco Employees Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Ecp Realty Services Profit Sharing Retirement Plan in NY ($19M, 3 participants).
Which Profit Sharing plans cover a similar participant headcount to Sarco Employees Retirement Plan?
Among Profit Sharing plans in other states, the closest by covered participants is IBEW Local No. 236 Annuity Plan in NY (2,101 participants, $102M in assets).