Plan Ledger DOL Form 5500 · updated monthly

Cafe Rio, Inc.401(k)

CAFE RIO, INC. 401(K) PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Cafe Rio, Inc. reported $112,204 in plan administrative expenses for 2024: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $297 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 0.96% to 0.74%. 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 346th-largest of 848 plans among Utah employers on file, and the 360th of 2,240 in accommodation & food services. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has grown from 2,354 to 3,377 since 2022.

Plan summary
Net assets, end of year$16,689,132
Participants with balances810
Active participants3,377
Employer contributions$1,001,363
Employee contributions$1,619,330
Employer contribution per active participant$297
Average account balance$20,604
Benefits paid to participants$1,484,146
Plan auditUnmodified (clean) audit opinion
AuditorLARSON & COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$16.7M · 810 accts · $1.0M emplr
2023$13.6M · 706 accts · $975K emplr
2022$10.5M · 695 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,464
Investment management$43,740
Total administrative$112,204
The Cafe Rio, Inc. 401(k) match · 2024
Employer contribution per active participant$297
Median for plans this size$2,416
2024$297 per active participant
2023$427 per active participant
2022$462 per active participant

Cafe Rio, 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$68,464
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$43,740

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$112,204 · 0.74%
2023$90,414 · 0.75%
2022$105,827 · 0.96%
Same employer
Similar plansAccommodation & Food Services · Utah
Stein Eriksen Lodge UT$20.8M · 0.52%
The Olympia Companies LLC ME$16.8M · 0.49%
The Dinex Group, LLC NY$16.8M · 0.44%
Runza National, Inc NE$16.8M · 0.37%
Burning Man Project CA$16.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841417768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.