Plan Ledger DOL Form 5500 · updated monthly

3MR Restaurants, Inc.401(k)

SPOKANE FOOD SERVICES, INC. 401K PROFIT SHARING PLAN · SPOKANE VALLEY, WA · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

3MR Restaurants, Inc. reported $38,925 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $450 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 3 years on file its reported administrative ratio has held roughly steady near 0.39%. 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 Washington (1,070th of 1,714), and the 553rd of 2,240 in accommodation & food services. In 2024, employees put in $1.26 for every $1.00 the employer contributed; active participation has grown from 386 to 444 since 2022.

Plan summary
Net assets, end of year$10,046,366
Participants with balances104
Active participants444
Employer contributions$200,000
Employee contributions$252,313
Employer contribution per active participant$450
Average account balance$96,600
Benefits paid to participants$1,419,980
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 104 accts · $200K emplr
2023$9.7M · 108 accts · $200K emplr
2022$9.1M · 114 accts · $200K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,587
Investment management$14,338
Total administrative$38,925
The 3MR Restaurants, Inc. 401(k) match · 2024
Employer contribution per active participant$450
Median for plans this size$1,313
2024$450 per active participant
2023$567 per active participant
2022$518 per active participant

3MR Restaurants, Inc.'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
MERIT FINANCIAL GROUP, LLC · Investment advisory (participants)$11,942
LPL FINANCIAL LLC - RPCP · Investment advisory (participants)$2,396

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

Administrative cost history3
2024$38,925 · 0.39%
2023$36,330 · 0.39%
2022$37,612 · 0.38%
Similar plansAccommodation & Food Services · Washington
Emerald City Pizza, LLC WA$12.7M · 0.20%
Mod Super Fast Pizza, LLC WA$12.7M · 3.01%
Northwest Restaurants, Inc WA$11.4M · 0.59%
E3 Co Restaurant Group WA$10.4M · 0.07%
Accord, Inc. WA$9.4M · 0.57%
Hollander Hospitality LLC WA$8.9M · 0.06%
Aboda, Inc. WA$8.7M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271212612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.