Synq3 Restaurant Solutions, Llc 401(k) Plan (terminated 2024): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2024. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Synq3 Restaurant Solutions, Llc 401(k) Plan Facts (plan year 2024)

Plan name
SYNQ3 RESTAURANT SOLUTIONS 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SYNQ3 RESTAURANT SOLUTIONS, LLC
Participants
230
Employer contributions
$641 in plan year 2024 (14% of all contributions)
Plan year
Jan 1, 2024 – Aug 31, 2024
Plan established
Jan 1, 2014
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500-SF for plan year 2024 (Jan 1, 2024 – Aug 31, 2024), filed Oct 15, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $4,512 went into the plan in contributions, $641 of it from the employer (14%).
  • $1.04 million was paid out to participants.
  • Investment and other income added $63,236.

How the Synq3 Restaurant Solutions, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019873$672,803—$45,400
20201,092$947,209—$31,587
20211,511$1.08 million—$130,697
2022959$819,411—$210,851
2023440$985,981—$166,250
2024 (final)230$0$641$1.04 million

Synq3 Restaurant Solutions, Llc 401(k) Contact Information

Phone
719-884-2032
Mailing address
5825 MARK DABLING BLVD., COLORADO SPRINGS CO 80919
Plan sponsor
SYNQ3 RESTAURANT SOLUTIONS, LLC
Employer identification number (EIN)
26-0567889
Plan number
001

Questions about the Synq3 Restaurant Solutions, Llc 401(k)

Is the Synq3 Restaurant Solutions, Llc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2024.

Does Synq3 Restaurant Solutions, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $641, 14% of all contributions.

Does the Synq3 Restaurant Solutions, Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Synq3 Restaurant Solutions, Llc 401(k) plan?

230 participants at the start of plan year 2024.

Who manages the Synq3 Restaurant Solutions, Llc 401(k) accounts?

Ameritas is the plan's recordkeeper, which is where participants log in to see their balance.

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