Department of Labor filing

SOUTHERN LEGACY WAFFLES, LLC

SOUTHERN LEGACY WAFFLES, LLC 401K PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 6, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

There is not enough comparable filing data to judge this plan yet. This is a filing comparison, not a complete benefits score.

$Employer support

$1,239

Reported employer contributions per active participant.

Higher than about 92% of comparable plans

#People in the filing

550

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$0 / participant

Reported administrative expense—not every fee an employee may pay.

↗Investment performance

Not available

Plan assets changed 27.9%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 2024—There is not enough comparable filing data to calculate this yet.

How this filing compares

Reported employer contributions92nd percentileTypical peer $244 · based on 201 comparable plans

Lower reported administrative expenseNot enough dataTypical peer $43 · based on 226 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, SOUTHERN LEGACY WAFFLES, LLC reported $681,348 in employer contributions across the plan and 550 active participants. That works out to $1,239 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy91%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 24.2%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendNot enough history

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer contextNot enough data

Comparable-plan data is too limited for a score.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $681,348
Participant contributions: $900,777
Other contributions: Not reported
Employer share of reported contributions: 43.1%
Beginning assets: $13,428,097
Ending assets: $17,171,446
Ending net assets: $17,171,446
Ending liabilities: $0
Total income: $4,285,744
Total expenses: $542,395
Administrative expenses: $0
Participant loans: Not reported

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$998

2023

$1,362

2024

$1,239

Plan-paid administrative expenses per participant

2022

Not reported

2023

Not reported

2024

Active participants

2022

601

2023

597

2024

550

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,239	550	17.2M	20251006081112NAL0008418370001
2023	$1,362	597	13.4M	20241015091832NAL0014298771001
2022	$998	601	10.5M	20231016074351NAL0025098035001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: Not stated in the filing
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 453618413-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 2012
Industry: Accommodation and food services
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K3D

Current plan terms

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Filing ACK_ID20251006081112NAL0008418370001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗