Other · DOL Form 5500 · 2024

South American Restaurants Corp. Retirement Plan

Data updated 2026-08-25

$25M
Total assets Small plan by assets
2,696
Participants Above avg headcount
74th
Percentile by assets National rank
$9,175
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

$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.

  • #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.

#3,411
in Food Services & Accommodation (3,672 peers)
+8.3%
assets growth YoY

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 2024 · DOL Form 5500

$24,734,691 Top 26% higher than 74% of 123,620 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 2024

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

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sarco Employees Retirement Plan lands in the large band (2,696 participants).

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 →

Published 5500 schedule card

Filing strip 660357499 · South American Restaurants Corp. PY 2024 · Other

Sarco Employees Retirement Plan · $25M · 2,696 · 74th

  • ASSETS $25M
  • PCT 2,696
  • EIN 74th
  • RANK Other
  • PHOTO near Prairie State Legal Services Inc. 403b Retirement Plan
  • IND ind #3411

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

Inglis Foundation 403(b) Retirement PlanInglis Foundation 403(b) Ret…$25MPrairie State Legal Services Inc. 403b Retirement PlanPrairie State Legal Services…$25MSarco Employees Retirement PlanSarco Employees Retirement P…$25MCentury Housing Corporation 403(b) Plan Tax Deferred Annuity PlanCentury Housing Corporation …$25MTampa Preparatory School Tiaa-Cref Retirement PlanTampa Preparatory School Tia…$25M
End-of-year total assets ($M) among Sarco Employees Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

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.)

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. 0100020003000 050100150 Total assets ($M) Participants Sarco Employees Retirement Plan, Total assets ($M): 24.734691 · Participants: 2696Sarco Employees Retirement PlanEvertec Group, LLC Savings & Investment Plan, Total assets ($M): 117.583093 · Participants: 1289Evertec Group, LLC Savings & Investment PlanBd Savings Plan for Puerto Rico Employees, Total assets ($M): 89.855217 · Participants: 1353Bd Savings Plan for Puerto Rico EmployeesUnion De Tronquistas De Puerto Rico of Crowley Liner Services Puerto Rico, Inc. Defined Contribution Retirement Plan, Total assets ($M): 24.48824 · Participants: 207Union De Tronquistas De Puerto Rico of Crowley Liner Services Puerto Rico, Inc. Defined Contribution Retirement PlanToyota De Puerto Rico Corp. Savings and Investment Plan, Total assets ($M): 20.838423 · Participants: 133Toyota De Puerto Rico Corp. Savings and Investment PlanRetirement Plan of Henkel Puerto Rico, Inc., Total assets ($M): 19.979457 · Participants: 205Retirement Plan of Henkel Puerto Rico, Inc.
Sarco Employees Retirement Plan vs. nearby Other plans in Puerto Rico, assets vs. participants

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

Outside Puerto Rico, the nearest Other by assets is Prairie State Legal Services Inc. 403b Retirement Plan in IL ($25M); by covered participants it is Southeastern Carpenters and Millwrights Pension Plan in TN (2,695 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,696 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 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).
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 Southeastern Carpenters and Millwrights Pension Plan in TN (2,695 participants, N/A in assets).