Other · DOL Form 5500 · 2023

South American Restaurants Corp. Retirement Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
3,515
Participants Above avg headcount
75th
Percentile by assets National rank
$6,499
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 Restaurants Corp. · Puerto Rico · Food Services & Accommodation

$23M in assets, 3,515 participants

South American Restaurants Corp.'s Sarco Employees Retirement Plan reported $23M in total assets and 3,515 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #3,570 in Food Services & Accommodation (3,828 peers)

Coverage in Puerto Rico

Sarco Employees Retirement Plan covers 3,515 participants in Puerto Rico, 39x the typical Puerto Rico plan (state average ~89 per filing). Assets: $23M.

#3,570
in Food Services & Accommodation (3,828 peers)
+18.3%
assets growth YoY
0.2×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$22,842,442 Top 25% higher than 75% of 127,068 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 2023

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

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sarco Employees Retirement Plan lands in the large band (3,515 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sarco Employees Retirement Plan reported net income rose from -$4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Sarco Employees Retirement Plan reported participants rose from 2,101 in the plan year 2022 filing to 3,515 in the plan year 2023 filing.
  • Sarco Employees Retirement Plan end-of-year assets rose from $19M in the plan year 2022 filing to $23M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 660357499 · South American Restaurants Corp. PY 2023 · Other

Sarco Employees Retirement Plan · $23M · 3,515 · 75th

  • EOY $23M
  • EOY 3,515
  • EOY 75th
  • EOY Other
  • EOY near The Amfar 403(b) Retirement Plan
  • EOY ind #3570

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

The Wilderness Society 403(b) PlanThe Wilderness Society 403(b…$23MRiverbend Community Mental Health, Inc. Tax Deferred Annuity PlanRiverbend Community Mental H…$23MSarco Employees Retirement PlanSarco Employees Retirement P…$23MThe Amfar 403(b) Retirement PlanThe Amfar 403(b) Retirement …$23MNew Hampshire Public Defender Office Retirement PlanNew Hampshire Public Defende…$23M
End-of-year total assets ($M) among Sarco Employees Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Puerto Rico filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$23M
Net Income$3M
Employer EIN660357499
Plan Effective Date2006-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (South American Restaurants Corp.)

Sponsor-wide plan assets over time

All South American Restaurants 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 Other Plans in Puerto Rico

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

Sarco Employees Retirement Plan vs. nearby Other plans in Puerto Rico, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 020406080100120 Total assets ($M) Participants Sarco Employees Retirement Plan, Total assets ($M): 22.842442 · Participants: 3515Sarco Employees Retirement PlanEvertec Group, LLC Savings & Investment Plan Savings and Investment Plan, Total assets ($M): 101.79785 · Participants: 1314Evertec Group, LLC Savings & Investment Plan Savings and Investment PlanBd Savings Plan for Puerto Rico Employees, Total assets ($M): 70.223915 · Participants: 1390Bd Savings Plan for Puerto Rico EmployeesUnion De Tronquistas De Puerto Rico Local 901 of Crowley Liner Services Puerto Rico Inc Defined Contribution Retirement Plan, Total assets ($M): 24.584273 · Participants: 208Union De Tronquistas De Puerto Rico Local 901 of Crowley Liner Services Puerto Rico Inc Defined Contribution Retirement PlanRetirement Plan of Henkel Puerto Rico, Inc., Total assets ($M): 18.174946 · Participants: 232Retirement Plan of Henkel Puerto Rico, Inc.Toyota De Puerto Rico, Corp. Savings and Investment, Total assets ($M): 17.940151 · Participants: 136Toyota De Puerto Rico, Corp. Savings and Investment
Sarco Employees Retirement Plan vs. nearby Other plans in Puerto Rico, assets vs. participants
Compare Sarco Employees Retirement Plan side-by-side with 3 peers →

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

Outside Puerto Rico, the nearest Other by assets is The Amfar 403(b) Retirement Plan in NY ($23M); by covered participants it is The Cambridge Health Alliance Partnership Plan in MA (3,521 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,515 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Sarco Employees Retirement Plan grew sharply - up 18.3% during 2023, from $19M to $23M. Reported net income was $3M.
How have South American Restaurants Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), South American Restaurants 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 75th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Sarco Employees Retirement Plan? ▼
Among Other plans in other states, the closest by assets is The Amfar 403(b) Retirement Plan in NY ($23M, 62 participants).
Which Other plans cover a similar participant headcount to Sarco Employees Retirement Plan? ▼
Among Other plans in other states, the closest by covered participants is The Cambridge Health Alliance Partnership Plan in MA (3,521 participants, $316M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 660357499.

Read our methodology - how this data is sourced, computed, and verified.

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