Original filing (PDF)20251013115234NAL0000558867001

MCLEAN LAKE WYLIE RESTAURANT, LLC

Name: MCLEAN LAKE WYLIE RESTAURANT, LLC — DRIFT 401(K) PLAN, Form 5500 (2024)
Creator: MCLEAN LAKE WYLIE RESTAURANT, LLC

Form 5500-SF

FILING_RECEIVED

DRIFT 401(K) PLAN

401(k) retirement plan

Active participants

118

Accounts w/ balance

Plan assets (EOY)

$80K

Net assets (EOY)

$80K

Plan health score (directional)

/ 100

Grade B

Above-average plan

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

Concentration risk

Total plan cost

Vendor stack

100

Participation health

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for MCLEAN LAKE WYLIE RESTAURANT, LLC.

Plan sponsor

Name

MCLEAN LAKE WYLIE RESTAURANT, LLC

EIN

84-3636862

Address

1338 HUNDRED OAKS DRIVE, SUITE B · CHARLOTTE, NC · 282174071

Phone

(803) 246-1182

Industry

Accommodation & Food Servicessee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-07-15

Tax period

2024-12-31

Filed

2025-10-13

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2S · Automatic enrollment

2T · Default investment account (QDIA)

3C · Not intended to be qualified

3D · Pre-approved plan (master / prototype / VS)

Service providers (Schedule C)

Small plans don't disclose service providers

Related plans

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Knocking points off

No IQPA named; plan is in the 80-120 transition zone — may be filing as small.
Only 31% as many balances as active participants — suggests many active employees aren't deferring.

Helping the score

Concentration not scored — Schedule of Assets PDF not yet parsed for this plan.
No Schedule C compensation disclosed — likely a small plan or unbundled.