Hyde Park Restaurant Systems 401(k) match, vesting and fees
What Hyde Park Restaurant Systems' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Newport Group, Inc. | Schedule C ↗ |
| Independent auditor | Maloney & Novotny LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,100 defined-contribution plans in accommodation and food services with 100 to 499 participants.
| Hyde Park Restaurant Systems: employer contribution per participant | $588 | |
| Peer median | $935 |
| Hyde Park Restaurant Systems: average balance | $21,887 | |
| Peer median | $24,052 |
| Hyde Park Restaurant Systems: admin expenses ÷ assets | 0.57% | |
| Peer median | 0.61% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $1.8M at the end of plan year 2021 to $2.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 158 | $2.5M | $68K | $588 | 0.57% | Not published | Form 5500 ↗ |
| 2023 | 334 | $1.9M | $36K | $318 | 1.70% | Not published | Form 5500 ↗ |
| 2022 | 355 | $1.6M | $40K | $257 | 1.34% | Not published | Form 5500 ↗ |
| 2021 | 341 | $1.8M | $7,400 | $50 | 1.92% | Not published | Form 5500 ↗ |
Common questions
Does Hyde Park Restaurant Systems match 401(k) contributions?
The match terms for the Hyde Park Restaurant Systems, Inc. 401(k) Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $68K in employer contributions, about $588 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Hyde Park Restaurant Systems 401(k) match vested?
The vesting schedule for the Hyde Park Restaurant Systems, Inc. 401(k) Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Hyde Park Restaurant Systems 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Newport Group, Inc.. The plan administrator is Hyde Park Restaurant Systems, Inc..
I left Hyde Park Restaurant Systems. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Hyde Park Restaurant Systems, Inc., (216) 514-1777) or the recordkeeper, Newport Group, Inc.. The Hyde Park Restaurant Systems old 401(k) page lists the contacts from every plan filing. Find an old Hyde Park Restaurant Systems 401(k)
Data from the public Form 5500 annual reports Hyde Park Restaurant Systems filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Hyde Park Restaurant Systems. Not financial advice. Report a correction · Methodology