Plan Ledger DOL Form 5500 · updated monthly

Burger Lounge of America, LLC401(k)

BURGER LOUNGE 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.93%

Burger Lounge of America, LLC reported $8,654 in plan administrative expenses for 2024: 0.93% of average plan assets, below the peer median. 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 1.27% to 0.93%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (8,808th of 9,483), and 1,715th of 2,240 in accommodation & food services. active participation has grown from 167 to 191 since 2022.

Plan summary
Net assets, end of year$1,050,180
Participants with balances205
Active participants191
Employer contributions—
Employee contributions$312,835
Employer contribution per active participant—
Average account balance$5,123
Benefits paid to participants$180,543
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.1M · 205 accts
2023$807K · 183 accts
2022$499K · 152 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,654
Total administrative$8,654
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 · 20241
ADP, INC. · Loan processing · Recordkeeping$8,654

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

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history3
2024$8,654 · 0.93%
2023$4,882 · 0.75%
2022$5,800 · 1.27%
Same employer
Similar plansAccommodation & Food Services · California
Mendocino Farms, LLC CA$1.1M · 1.22%
Pouring With Heart, LLC CA$1.1M · 0.19%
Prospera Hotels, Inc. CA$987K · 0.35%
Golden Arch Enterprises CA$964K · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270975016 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.