Plan Ledger DOL Form 5500 · updated monthly

Caffe Nero Americas Inc.401(k)

CAFFE NERO AMERICAS 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
3.41%

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

Caffe Nero Americas Inc. reported $96,745 in plan administrative expenses for 2024: 3.41% of average plan assets, higher than ~90% of peers. Employer contributions averaged $131 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 4.11% to 3.41%. 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 Massachusetts (2,475th of 2,726), and 1,166th of 2,240 in accommodation & food services. In 2024, employees put in $15.54 for every $1.00 the employer contributed; active participation has grown from 255 to 310 since 2022.

Plan summary
Net assets, end of year$3,169,169
Participants with balances413
Active participants310
Employer contributions$40,455
Employee contributions$628,869
Employer contribution per active participant$131
Average account balance$7,674
Benefits paid to participants$307,634
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 413 accts · $40K emplr
2023$2.5M · 394 accts · $35K emplr
2022$1.8M · 290 accts · $40K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,745
Total administrative$96,745
The Caffe Nero Americas Inc. 401(k) match · 2024
Employer contribution per active participant$131
Median for plans this size$1,313
2024$131 per active participant
2023$135 per active participant
2022$157 per active participant

Caffe Nero Americas 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 · 20243
COMPASS 360, LLC · Recordkeeping · Loan processing$41,170
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$27,637
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$13,960

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

Recordkeeper by year2
2024COMPASS 360, LLC, Transamerica
2023COMPASS 360, LLC, Transamerica

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

Administrative cost history3
2024$96,745 · 3.41%
2023$71,818 · 3.32%
2022$76,216 · 4.11%
Similar plansAccommodation & Food Services · Massachusetts
Aam 15 Management, LLC MA$3.7M · 0.49%
Sellia Corporation MA$3.7M · 0.14%
Dekk Group, LLC MA$3.0M · 0.93%
Gourmet Caterers, Inc. MA$2.9M · 0.71%
The Catered Affair, Inc. MA$2.8M · 1.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 463749140 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.