Plan Ledger DOL Form 5500 · updated monthly

Bojangles' Restaurants, Inc.401(k)

BOJANGLES' RESTAURANTS, INC. 401(K) PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
1.40%

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

Bojangles' Restaurants, Inc. reported $254,858 in plan administrative expenses for 2024: 1.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $346 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 rose from 0.91% to 1.40%. 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 745th-largest of 2,005 plans among North Carolina employers on file, and the 305th of 2,240 in accommodation & food services. In 2024, employees put in $2.44 for every $1.00 the employer contributed; active participation has grown from 2,478 to 3,178 since 2022.

Plan summary
Net assets, end of year$19,774,676
Participants with balances3,639
Active participants3,178
Employer contributions$1,100,307
Employee contributions$2,682,477
Employer contribution per active participant$346
Average account balance$5,434
Benefits paid to participants$2,334,796
Plan auditUnmodified (clean) audit opinion
AuditorCARTER
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 3,639 accts · $1.1M emplr
2023$16.8M · 4,429 accts · $879K emplr
2022$15.9M · 2,932 accts · $755K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$196,641
Investment management$58,217
Total administrative$254,858
The Bojangles' Restaurants, Inc. 401(k) match · 2024
Employer contribution per active participant$346
Median for plans this size$2,416
2024$346 per active participant
2023$337 per active participant
2022$305 per active participant

Bojangles' Restaurants, 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
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$58,217

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$254,858 · 1.40%
2023$193,009 · 1.18%
2022$155,392 · 0.91%
Similar plansAccommodation & Food Services · North Carolina
Esa Management, LLC NC$80.9M · 0.53%
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%
Biscuitville, Inc. NC$13.9M · 0.49%
Hospitality Ventures, LLC NC$12.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954283932 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.