401(k) · DOL Form 5500 · 2023

Brumit Restaurant Group, LLC 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
483
Participants Below avg headcount
28th
Percentile by assets National rank
$3,155
Avg per participant Low balance/head
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Official DOL plan name: Brg 401(k) Plan · Sponsored by Brumit Restaurant Group, LLC · North Carolina · Food Services & Accommodation

$2M in assets, 483 participants

Brumit Restaurant Group, LLC's Brg 401(k) Plan reported $2M in total assets and 483 participants in its 2023 DOL Form 5500 filing, ranking in the 28th 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.

  • #2,446 in Food Services & Accommodation (3,828 peers)

Food Services & Accommodation sector rank

Within Food Services & Accommodation, Brg 401(k) Plan ranks #2,446 of 3,828 2023 filers by assets (1284% of the sector average)-$2M for 483 participants.

#2,446
in Food Services & Accommodation (3,828 peers)
+21.1%
assets growth YoY

Brg 401(k) Plan among the smaller filed plans by assets

Brg 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,523,807 28th percentile higher than 28% 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

Brg 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Brg 401(k) Plan sits mid-pack in the medium band (483 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Brg 401(k) Plan reported participants rose from 109 in the plan year 2022 filing to 483 in the plan year 2023 filing.
  • Brg 401(k) Plan reported net income rose from $83K in the plan year 2022 filing to $265K in the plan year 2023 filing.
  • Brg 401(k) Plan end-of-year assets rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 270425615 · Brumit Restaurant Group, LLC PY 2023 · 401(k)

Brg 401(k) Plan · $2M · 483 · 28th

  • RANK $2M
  • RANK 483
  • RANK 28th
  • RANK 401(k)
  • RANK near The Trident Group, Inc. 401(k) Plan
  • RANK ind #2446

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 North Carolina →

Brg 401(k) Plan in the asset neighbourhood

Brg 401(k) Plan$2MThe Trident Group, Inc. 401(k) PlanThe Trident Group, Inc. 401(…$2MSande Properties, Inc. 401(k) PlanSande Properties, Inc. 401(k…$2MHuesman-Schmid 401(k) Plan$2MSierra Nevada Photographic, Inc. 401(k) PlanSierra Nevada Photographic, …$2M
End-of-year total assets ($M) among Brg 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Food Services & Accommodation filing particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$265K
Employer EIN270425615
Plan Effective Date2002-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Brumit Restaurant Group, LLC)

Sponsor-wide plan assets over time

All Brumit Restaurant Group, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$2M 49.9577031123526% vs 2022
2024 filing year
$1M$1.2M$1.4M$1.6M$1.8M$2M 202220232024 $1.26M $1.89M ▲ +50.0%
Year Plans Participants Total Assets
2022 1 109 $1M
2023 1 483 $2M
2024 1 495 $2M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Brg 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Brg 401(k) Plan, Total assets ($B): 0.001523807 · Participants: 483Brg 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Brg 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Brg 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is The Trident Group, Inc. 401(k) Plan in AL ($2M); by covered participants it is Continuums Foundation Employee 401(k) Savings Trust in MN (483 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2M here).

Similar participant headcount

Nearest other-state filings by covered participants (483 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 Brg 401(k) Plan assets move in 2023?
Brg 401(k) Plan grew sharply - up 21.1% during 2023, from $1M to $2M. Reported net income was $265K.
How have Brumit Restaurant Group, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Brumit Restaurant Group, LLC's sponsor-wide assets grew 50.0%, from $1M to $2M.
Which 401(k) plans are similar in size to Brg 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is The Trident Group, Inc. 401(k) Plan in AL ($2M, 19 participants).
Which 401(k) plans cover a similar participant headcount to Brg 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Continuums Foundation Employee 401(k) Savings Trust in MN (483 participants, $14M in assets).