Plan Ledger DOL Form 5500 · updated monthly

Checkers Drive-In Restaurants, Inc.401(k)

CHECKERS DRIVE-IN RESTAURANTS, INC. 401(K) PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Checkers Drive-In Restaurants, Inc. reported $31,963 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $13 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 rose from 0.39% to 0.50%. 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 Florida (2,193rd of 3,644), and the 745th of 2,240 in accommodation & food services. In 2024, employees put in $7.01 for every $1.00 the employer contributed; active participation has grown from 9,342 to 10,659 since 2022.

Plan summary
Net assets, end of year$6,794,775
Participants with balances438
Active participants10,659
Employer contributions$142,536
Employee contributions$998,855
Employer contribution per active participant$13
Average account balance$15,513
Benefits paid to participants$1,101,583
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 438 accts · $143K emplr
2023$5.9M · 475 accts
2022$4.6M · 475 accts
The Checkers Drive-In Restaurants, Inc. 401(k) match · 2024
Employer contribution per active participant$13
Median for plans this size$1,313

Checkers Drive-In Restaurants, 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 · 202412
T.ROWE PRICE RPS, INC · Recordkeeping · Trustee$31,963
ALLSPRING GLOBAL FUNDS · Investment managementindirect comp
PIMCO FUNDS · Investment managementindirect comp
AMERICAN FUNDS · Investment managementindirect comp
LEGG MASON · Investment managementindirect comp
JP MORGAN FUNDS · Investment managementindirect comp
FIDELITY · Investment managementindirect comp
JANUS FUNDS · Investment managementindirect comp
BLACKROCK FUNDS · Investment managementindirect comp
FRANKLIN TEMPLETON · Investment managementindirect comp
MFS FUNDS · Investment managementindirect comp
AMERICAN CENTURY INVESTMENT MANAGEM · Investment managementindirect 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
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$31,963 · 0.50%
2023$20,627 · 0.39%
2022$19,305 · 0.39%
Same employer
Similar plansAccommodation & Food Services · Florida
Mitsukoshi U.S.A., Inc. FL$7.6M · 0.01%
Venice Pier Group, Inc. FL$7.1M · 0.17%
Lago Mar Properties, Inc. FL$6.8M · 0.36%
Royals, Inc. FL$6.8M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581654960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.