Other · DOL Form 5500 · 2024

South American Restaurants Corp. Retirement Plan

Data updated 2026-08-11

$25M
Total assets
2,696
Participants
74th
Percentile by assets
$9,175
Avg per participant
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Official DOL plan name: Sarco Employees Retirement Plan · Sponsored by South American Restaurants Corp. · Puerto Rico · Food Services & Accommodation

$25M in assets, 2,696 participants

South American Restaurants Corp.'s Sarco Employees Retirement Plan reported $25M in total assets and 2,696 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • 74th percentile by assets (of 123,622 plans)
  • #3,411 in Food Services & Accommodation (3,672 peers)

Coverage in Puerto Rico

Sarco Employees Retirement Plan covers 2,696 participants in Puerto Rico, 30x the typical Puerto Rico plan (state average ~89 per filing). Assets: $25M.

$25M
total plan assets (2024 EOY)
2,696
covered participants
74th
percentile by assets (of 123,622 plans)
$9,175
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sarco Employees Retirement Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Sarco Employees Retirement Plan reported participants fell from 3,515 in the plan year 2023 filing to 2,696 in the plan year 2024 filing.
  • Sarco Employees Retirement Plan end-of-year assets rose from $23M in the plan year 2023 filing to $25M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Puerto Rico filers

In Puerto Rico, the average filing covers about 89 participants across 1,924 plans. Sarco Employees Retirement Plan reports 2,696 participants - 30x that state average ($25M EOY assets).

Puerto Rico filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$25M
Net Income$2M
Employer EIN660357499
Plan Effective Date2006-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (South American Restaurants Corp.)

$18M$20M$22M$24M$26M 202220232024 $19.3M $24.7M ▲ +28.1%
Total plan assets by year, all South American Restaurants Corp. plans on file
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

Sarco Employees Retirement Plan vs. nearby Other plans in Puerto Rico, assets vs. participants Scatter plot of 6 data points. 0100020003000 050100150 Total assets ($M) Participants Sarco Employees Reti…Evertec Group, LLC S…Bd Savings Plan for …Union De Tronquistas…Toyota De Puerto Ric…Retirement Plan of H…
Sarco Employees Retirement Plan vs. nearby Other plans in Puerto Rico, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to Sarco Employees Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Sarco Employees Retirement Plan assets move in 2024?
Sarco Employees Retirement Plan grew at a solid clip - up 8.3% during 2024, from $23M to $25M. Reported net income was $2M.
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.
Which Other plans are similar in size to Sarco Employees Retirement Plan?
Among Other plans in other states, the closest by assets is Prairie State Legal Services Inc. 403b Retirement Plan in IL ($25M, 200 participants).

Filing takeaways

Ways to act on Sarco Employees Retirement Plan's numbers.