Plan Ledger DOL Form 5500 · updated monthly

3 Brothers Restaurants LLC401(k)

3 BROTHERS RESTAURANTS LLC 401(K) PROFIT SHARING PLAN & TRUST · BOISE, ID · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

3 Brothers Restaurants LLC reported $7,658 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $165 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.

Across the 2 years on file its reported administrative ratio fell from 1.15% to 0.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Idaho (319th of 349), and 1,661st of 2,240 in accommodation & food services. In 2024, employees put in $4.94 for every $1.00 the employer contributed; active participation has grown from 160 to 297 since 2022.

Plan summary
Net assets, end of year$1,201,703
Participants with balances247
Active participants297
Employer contributions$48,885
Employee contributions$241,410
Employer contribution per active participant$165
Average account balance$4,865
Benefits paid to participants$54,380
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.2M · 247 accts · $49K emplr
2023$853K · 193 accts · $39K emplr
2022$601K · 174 accts · $32K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,658
Total administrative$7,658
The 3 Brothers Restaurants LLC 401(k) match · 2024
Employer contribution per active participant$165
Median for plans this size$1,313
2024$165 per active participant
2023$213 per active participant
2022$201 per active participant

3 Brothers Restaurants LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PAYCHEX INC · Recordkeeping$10,161
TPC QUALIFIED PLANS LLC · Recordkeeping · Consulting$505

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

Recordkeeper by year2
2024Paychex, TPC QUALIFIED PLANS LLC
2023Paychex

This plan has changed recordkeepers within these filings. If you left 3 Brothers Restaurants LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$7,658 · 0.75%
2023$8,099 · 1.11%
2022$6,807 · 1.15%
Similar plansAccommodation & Food Services · Idaho
T & K LLC ID$2.2M · 0.29%
Happy Day Corporation ID$1.2M · 1.67%
Homestyle Direct LLC ID$771K · 1.03%
Pin High Ventures LLC ID$127K · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270231783 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.