Plan Ledger DOL Form 5500 · updated monthly

Cave Enterprises Operations, LLC dba Burger King401(k)

CAVE 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Cave Enterprises Operations, LLC dba Burger King reported $24,947 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $93 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 3 years on file its reported administrative ratio has held roughly steady near 0.35%. 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 Illinois (2,699th of 3,702), and the 714th of 2,240 in accommodation & food services. In 2024, employees put in $4.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,251,611
Participants with balances212
Active participants1,022
Employer contributions$94,812
Employee contributions$467,235
Employer contribution per active participant$93
Average account balance$34,206
Benefits paid to participants$1,057,773
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 212 accts · $95K emplr
2023$6.9M · 225 accts · $77K emplr
2022$6.0M · 228 accts · $81K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,947
Total administrative$24,947
The Cave Enterprises Operations, LLC dba Burger King 401(k) match · 2024
Employer contribution per active participant$93
Median for plans this size$1,313
2024$93 per active participant
2023$60 per active participant
2022$86 per active participant

Cave Enterprises Operations, LLC dba Burger King'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
MAP RETIREMENT USA LLC · Recordkeeping$6,593
MML INS AGCY LLC · Investment advisory (participants)$18,389
LINCOLN NATIONAL CORPORATION · Contract administratorindirect comp

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

Recordkeeper by year2
2024MAP RETIREMENT USA LLC
2023MAP RETIREMENT OF ILLIANA

This plan has changed recordkeepers within these filings. If you left Cave Enterprises Operations, LLC dba Burger King before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$24,947 · 0.35%
2023$21,999 · 0.34%
2022$22,547 · 0.34%
Same employer
Similar plansAccommodation & Food Services · Illinois
Buona Beef, LLC IL$10.4M · 0.71%
Q Center LLC IL$9.3M · 0.25%
Chinn Enterprises, Inc. IL$7.5M · 0.41%
Clarity Clinic, LLC IL$7.0M · 0.12%
Puttshack USA Inc. IL$6.4M · 1.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204023518 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.