100+ Location Restaurant Group

This multi-location restaurant group had a 401(k) and were unhappy with the high costs and audit expenses.

2,500

Employees

$30,000

Dollars saved annually

5

minutes of admin time monthly

Challenge

They wanted to reduce operating cost while still offering a high-quality plan to their quick service restaurant teams. Because of the transient nature of their workforce, a 401(k) with auto-enrollment was very difficult to manage. Their payroll provider recognized these challenges and wanted to help them find the right solution.

Result

Moving to Icon’s PRP saved them significantly in benefits spend and administrative work through our automated plan and direct integration with their payroll provider.

The Icon Difference

We’ve automated plan administration and removed the complexity, fiduciary risks, and federal filing requirements of traditional plans, making Icon the easiest, most affordable plan on the market.

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