Plan Ledger DOL Form 5500 · updated monthly

Accord, Inc.401(k)

TACO TIME 401(K) RETIREMENT PLAN · RENTON, WA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Accord, Inc. reported $50,548 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $229 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 0.68% to 0.57%. 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 (1,105th of 1,714), and the 589th of 2,240 in accommodation & food services. In 2024, employees put in $4.34 for every $1.00 the employer contributed; active participation has grown from 502 to 660 since 2022.

Plan summary
Net assets, end of year$9,425,546
Participants with balances276
Active participants660
Employer contributions$151,246
Employee contributions$656,401
Employer contribution per active participant$229
Average account balance$34,151
Benefits paid to participants$831,653
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 276 accts · $151K emplr
2023$8.4M · 230 accts · $131K emplr
2022$6.9M · 236 accts · $132K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,475
Investment management$17,371
Trustee / custodial$3,702
Total administrative$50,548
The Accord, Inc. 401(k) match · 2024
Employer contribution per active participant$229
Median for plans this size$1,313
2024$229 per active participant
2023$226 per active participant
2022$262 per active participant

Accord, 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
NWPS · Recordkeeping · Pension consulting$29,475
BENSLER, LLC DBA SCS · Consulting · Investment advisory (participants)$17,371

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

Recordkeeper by year2
2024NWPS
2023NWPS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$50,548 · 0.57%
2023$38,014 · 0.50%
2022$50,535 · 0.68%
Same employer
Similar plansAccommodation & Food Services · Washington
Northwest Restaurants, Inc WA$11.4M · 0.59%
E3 Co Restaurant Group WA$10.4M · 0.07%
3MR Restaurants, Inc. WA$10.0M · 0.39%
Hollander Hospitality LLC WA$8.9M · 0.06%
Aboda, Inc. WA$8.7M · 0.46%
Burgerville, LLC WA$8.2M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911075830 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.