Restaurant Industry

Do Restaurants Need to
Offer Retirement Plans?

17+ states say yes. Restaurant owners in California, New Jersey, Illinois, Oregon, and Maryland face active mandates — with SECURE 2.0 credits that can make compliance free.

Get Your Free Compliance Audit →
HomeIndustries › Restaurants
17+
States with mandates
1-25+
Employee thresholds vary
$35K+
Avg SECURE 2.0 credits (20 employees)

Which States Require Restaurants to Offer Retirement Plans?

California (CalSavers) — 1+ employees. Full-service and fast casual restaurants across LA, San Francisco, San Diego must comply. Penalty: $250-$500/employee/year.

Oregon (OregonSaves) — 1+ employees. All Portland, Eugene, Salem area restaurants. Penalty: $100/employee/year.

Maryland (MarylandSaves) — 1+ employees. Baltimore, DC-area restaurants. Penalty: $250/employee/year.

Illinois (IL Secure Choice) — 5+ employees. Chicago-area restaurants. Penalty: $250-$500/employee/year.

New Jersey (RetireReady NJ) — 25+ employees. Covers chains and mid-size restaurant groups statewide.

See all 17 states →

High Turnover & Part-Time Workers: What Restaurant Owners Need to Know

The restaurant industry's high turnover and large part-time workforce creates unique compliance considerations:

SECURE 2.0 for Restaurant Owners

Restaurant owners are among the biggest beneficiaries of SECURE 2.0 tax credits:

Up to $5,000/year × 3 years startup cost credits

$1,000/employee/year contribution credits (up to 50 employees)

A Chicago restaurant with 20 employees → up to $35,000 in credits over 3 years. A Los Angeles restaurant with 30 employees → up to $45,000+.

These credits more than cover plan administration costs — meaning compliance is profitable for most restaurant owners.

Cities We Serve

We help restaurant owners navigate retirement mandates across: Los Angeles, New York City, Chicago, Las Vegas, Portland, Denver, Baltimore, Philadelphia, Seattle, Boston, Miami, Houston, and all 17 mandate states.

Free 15-Minute Compliance Audit

Find out exactly what your state mandate means for your business — and whether a private plan saves you more money.

Book Your Free Audit →

COMPLIANCE AUDIT SERVICES

Flat-Rate Audit Fee. No AUM. No Hidden Charges.

Your flat-rate fee covers: state mandate compliance auditemployer education on plan options & SECURE 2.0 tax creditsplan design consultationcoordination with licensed third-party administrators who establish and administer your plan.

Business Size Audit & Consultation Fee Annual Coordination Fee SECURE 2.0 Credits
5–15 employees$1,500$600/yrup to $15,000
16–30 employees$2,500$900/yrup to $15,000
31–75 employees$3,500$1,500/yrup to $15,000
Book Free Compliance Audit →

Kandelaki Solutions provides retirement plan compliance consulting and employer education services. Retirement plan establishment and administration is performed by independent, licensed third-party plan administrators and registered investment advisors. Kandelaki Solutions does not act as a broker-dealer or investment advisor in connection with plan establishment. SECURE 2.0 tax credit eligibility depends on individual business circumstances; consult your tax advisor.