Plan Ledger DOL Form 5500 · updated monthly

1126 Central Restaurant LLC401(k)

VANDALAY 401(K) PLAN · WILMETTE, IL · plan year 2023

Reported admin expense ratio · 2023
3.35%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

1126 Central Restaurant LLC reported $11,040 in plan administrative expenses for 2023: 3.35% of average plan assets, higher than ~75% of peers. Employer contributions averaged $142 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Illinois (3,569th of 3,702), and 1,946th of 2,240 in accommodation & food services. In 2023, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$431,928
Participants with balances112
Active participants370
Employer contributions$52,602
Employee contributions$126,635
Employer contribution per active participant$142
Average account balance$3,857
Benefits paid to participants$19,519
Plan auditUnmodified (clean) audit opinion
AuditorSMITH & HOWARD ADVISORY LLC
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$9,435
Investment management$1,605
Total administrative$11,040
The 1126 Central Restaurant LLC 401(k) match · 2023
Employer contribution per active participant$142
Median for plans this size$522

1126 Central Restaurant LLC's 2023 employer contribution ran below the $522 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
WOODBURY FINANCIAL SVCS INC · Investment advisory (participants)$1,605

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2023$11,040 · 3.35%
Similar plansAccommodation & Food Services · Illinois
Naf-Naf Holdings, LLC IL$779K · 0.36%
College Chefs, LLC IL$605K · 2.62%
Boka Restaurant Group IL$584K · 0.62%
Harp Management, LLC IL$474K · 1.99%
Roti Restaurants LLC IL$358K · 0.24%
Pinstripes, Inc. IL$326K · 1.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472873563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.