Magic Restaurant, LLC
37
Plan:
22
48
74
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 37 point difference between this plan's BrightScope Rating (37) and the top rated plan (74) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $340,400 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
Magic Restaurant, LLC Savings and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 37. This plan is in the top 15% of plans for Investment Menu Quality. Magic Restaurant, LLC Savings and Retirement Plan currently has over 4,100 active participants and over $4.4M in plan assets.
Retirement Plan Details
| Address |
5700 Mopac Expy South Suite C 300
Austin, TX 78749 |
| Industry | Accommodation and Food Services |
| Administrator | Philip M. Parsons |
| Net Plan Assets | $4,400,000 |
| Total Participants | 4,100 |
| Avg Account Balance | $1,100 |
Compare Other Companies in Peer Group
| The Krystal Company | 50.8 |
| Fazoli's Restaurant Group | 49.6 |
| Davco Restaurants | 47.9 |
| Qdoba Restaurant Corporation d/b/a... | 43.8 |
| R.E.E. | 41.3 |
| BR Associates | 33.2 |
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