Plan Ledger DOL Form 5500 · updated monthly

Biscuitville, Inc.401(k)

BISCUITVILLE 401(K) PLAN · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Biscuitville, Inc. reported $61,363 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $422 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 0.52% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 930th-largest of 2,005 plans among North Carolina employers on file, and the 437th of 2,240 in accommodation & food services. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 1,602 to 1,786 since 2022.

Plan summary
Net assets, end of year$13,866,490
Participants with balances408
Active participants1,786
Employer contributions$753,274
Employee contributions$1,407,475
Employer contribution per active participant$422
Average account balance$33,986
Benefits paid to participants$1,208,636
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 408 accts · $753K emplr
2023$11.3M · 396 accts · $722K emplr
2022$8.5M · 485 accts · $875K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,372
Investment management$13,991
Total administrative$61,363
The Biscuitville, Inc. 401(k) match · 2024
Employer contribution per active participant$422
Median for plans this size$2,416
2024$422 per active participant
2023$409 per active participant
2022$546 per active participant

Biscuitville, Inc.'s 2024 employer contribution ran below the $2,416 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
MMA SECURITIES LLC · Investment advisory (plan)$13,991

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$61,363 · 0.49%
2023$51,202 · 0.52%
2022$44,245 · 0.52%
Same employer
Similar plansAccommodation & Food Services · North Carolina
Ebci Holdings, LLC NC$43.0M · 0.42%
Angus Barn, LTD, LLC NC$16.0M · 0.26%
Tri-Arc Food Systems, Inc. NC$14.0M · 0.31%
Hospitality Ventures, LLC NC$12.0M · 0.09%
Lwin Family Co., LLC NC$8.9M · 0.32%
Carmel Country Club, Inc. NC$8.9M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560989895 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.