Plan Ledger DOL Form 5500 · updated monthly

Casa Rio, Inc.401(k)

LOS LEONES 401(K) RETIREMENT PLAN · SAN ANTONIO, TX · plan year 2023

Reported admin expense ratio · 2023
1.17%

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

Casa Rio, Inc. reported $65,583 in plan administrative expenses for 2023: 1.17% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,213 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 0.90% to 0.83%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Texas (3,882nd of 5,688), and the 818th of 2,240 in accommodation & food services. In 2023, the employer put in $1.63 for every $1.00 employees contributed themselves; active participation has grown from 123 to 146 since 2022.

Plan summary
Net assets, end of year$5,712,284
Participants with balances147
Active participants146
Employer contributions$323,065
Employee contributions$198,406
Employer contribution per active participant$2,213
Average account balance$38,859
Benefits paid to participants$1,052,719
Plan auditUnmodified (clean) audit opinion
AuditorADKF, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 175 accts · $305K emplr
2023$5.7M · 147 accts · $323K emplr
2022$5.5M · 130 accts · $112K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$19,354
Investment management$33,679
Audit (IQPA)$12,000
Total administrative$65,583
The Casa Rio, Inc. 401(k) match · 2023
Employer contribution per active participant$2,213
Median for plans this size$1,308
2024$1,434 per active participant
2023$2,213 per active participant
2022$913 per active participant

Casa Rio, Inc.'s 2023 employer contribution ran above the $1,308 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$33,668
ADKF · Accounting / audit$12,000

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$46,107 · 0.83%
2023$65,583 · 1.17%
2022$54,992 · 0.90%
Similar plansAccommodation & Food Services · Texas
Whataburger of Alice TX$6.4M · 1.63%
Ybarra Investments, Inc. TX$6.3M · 1.41%
Gulshan Enterprises Inc. TX$6.0M · 1.01%
Mtc Inc. TX$5.7M · 1.21%
Prism Hospitality LP TX$5.2M · 0.56%
Sli Enterprises, Inc. TX$5.0M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742591608 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.