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Original filing (PDF)20251015144538NAL0006634304001
ISLANDS RESTAURANTS, LLC
Form 5500
FILING_RECEIVED
ISLANDS RESTAURANTS 401(K) PLAN
401(k) retirement plan
Active participants
1,537
Accounts w/ balance
320
Plan assets (EOY)
$15.3M
Net assets (EOY)
$15.3M
How this plan invests
This plan
1 pooled trust
Schedule D
21 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
86
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
65
Knocking points off
- 56 bps in Schedule C fees — 94% above peer band of 29 bps.
- Only 21% as many balances as active participants — suggests many active employees aren't deferring.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for ISLANDS RESTAURANTS, LLC.
Plan sponsor
Name
ISLANDS RESTAURANTS, LLC
EIN
33-0475521
Address
5760 FLEET STREET · SUITE 100 · CARLSBAD, CA · 92008
Phone
(760) 978-9769
Industry
Accommodation & Food Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
DUFFY KRUSPODIN LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| JULY BUSINESS SERVICES LLC | 74-2715820 | WACO, TX | RECORDKEEPER | $23K | — |
Other
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CERITY PARTNERS | — | LOS ANGELES, CA | NONE | $63K | — |
| CHARLES SCHWAB BANK | 42-1558009 | — | NONE | $0 | — |
Investments
20 direct securities · 1 pooled fund· $15.0M(98% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$14.7M
20 holdings
Common Collective Trust
$266K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Schwab S&P 500 Index Mutual fund | — | — | — | $3.2M | 20.9% | |
| Vanguard Target Retirement 2050 Inv Mutual fund | — | — | — | $2.4M | 15.5% | |
| Vanguard Target Retirement 2030 Inv Mutual fund | — | — | — | $2.2M | 14.6% | |
| Vanguard Target Retirement 2025 Inv Mutual fund | — | — | — | $1.2M | 7.7% | |
| Vanguard Target Retirement 2035 Inv Mutual fund | — | — | — | $863K | 5.7% | |
| Vanguard Target Retirement 2070 Inv Mutual fund ** 904 Vanguard Target Retirement Income Inv Mutual fund | — | — | — | $777K | 5.1% | |
| Vanguard Total Bond Market Index Adm Mutual fund | — | — | — | $547K | 3.6% | |
| Vanguard Total Intl Stock Index Admiral Mutual fund | — | — | — | $485K | 3.2% | |
| Vanguard Target Retirement 2060 Inv Mutual fund | — | — | — | $465K | 3.0% | |
| Vanguard Mid Cap Index Admiral Mutual fund | — | — | — | $440K | 2.9% | |
| Schwab Small Cap Index Sel Mutual fund | — | — | — | $422K | 2.8% | |
| Vanguard Target Retirement 2055 Inv Mutual fund | — | — | — | $374K | 2.5% | |
| Vanguard Target Retirement 2040 Inv Mutual fund | — | — | — | $341K | 2.2% | |
| Vanguard Target Retirement 2045 Inv Mutual fund | — | — | — | $339K | 2.2% | |
| INVESCO STABLE VALUE TRUST INVESCO TRUST COMPANY · EIN 84-1142974 / PN 001 | Common Collective Trust | — | — | $266K | 1.7% | |
| Vanguard Real Estate Index Admiral Mutual fund | — | — | — | $259K | 1.7% | |
| Vanguard Target Retirement 2065 Inv Mutual fund | — | — | — | $214K | 1.4% | |
| Vanguard Target Retirement 2020 Inv Mutual fund | — | — | — | $127K | 0.8% | |
| Vanguard Total Intl Bd Idx Admiral Mutual fund | — | — | — | $69K | 0.5% | |
| Cash deposit account Non-interest-bearing cash | — | — | — | $48K | 0.3% | |
| Vanguard Emerging Mkts Stock Idx Adm Mutual fund | — | — | — | $23K | 0.1% |
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