Red Lobster Management 401(k) match, vesting and fees
What Red Lobster Management's 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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2023 medians for 23 defined-contribution plans in accommodation and food services with 5,000 to 9,999 participants.
| Red Lobster Management: employer contribution per participant | $609 | |
| Peer median | $1,005 |
| Red Lobster Management: average balance | $36,297 | |
| Peer median | $35,358 |
| Red Lobster Management: admin expenses ÷ assets | 0.22% | |
| Peer median | 0.23% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets were $257M at the end of plan year 2023.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2023 | 27,391 | $257M | $4.3M | $609 | 0.22% | Not published | Form 5500 ↗ |
Common questions
Does Red Lobster Management match 401(k) contributions?
The match terms for the Red Lobster 401(k) Plan have not been published from its filing yet. The plan year 2023 filing reports $4.3M in employer contributions, about $609 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Red Lobster Management 401(k) match vested?
The vesting schedule for the Red Lobster 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Red Lobster Management 401(k)?
The recordkeeper listed on Schedule C of the plan year 2023 filing is Principal Life Insurance Company. The plan administrator is Red Lobster Management LLC.
I left Red Lobster Management. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Red Lobster Management LLC, (407) 245-5009) or the recordkeeper, Principal Life Insurance Company. The Red Lobster Management old 401(k) page lists the contacts from every plan filing. Find an old Red Lobster Management 401(k)
Data from the public Form 5500 annual reports Red Lobster Management filed with the U.S. Department of Labor (plan years 2023) 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 Red Lobster Management. Not financial advice. Report a correction · Methodology