Plan Ledger DOL Form 5500 · updated monthly

Cheeseburger Restaurants Inc401(k)

CHEESEBURGER RESTAURANTS INC 401(K) PROFIT SHARING PLAN & TRUST · PORTOLA, CA · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Cheeseburger Restaurants Inc reported $19,443 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $143 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 0.89% to 0.81%. 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 California (8,053rd of 9,483), and 1,293rd of 2,240 in accommodation & food services. In 2024, employees put in $6.27 for every $1.00 the employer contributed; active participation has shrunk from 352 to 281 since 2022.

Plan summary
Net assets, end of year$2,569,273
Participants with balances998
Active participants281
Employer contributions$40,285
Employee contributions$252,754
Employer contribution per active participant$143
Average account balance$2,574
Benefits paid to participants$80,499
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.6M · 998 accts · $40K emplr
2023$2.2M · 939 accts · $50K emplr
2022$1.9M · 653 accts · $349K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,401
Investment management$10,042
Total administrative$19,443
The Cheeseburger Restaurants Inc 401(k) match · 2024
Employer contribution per active participant$143
Median for plans this size$1,313
2024$143 per active participant
2023$157 per active participant
2022$992 per active participant

Cheeseburger 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 · 20242
PAYCHEX, INC. · Recordkeeping$9,073
LEVELIZED COMPENSATION ADVISOR · Investment advisory (plan)$9,671

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

Recordkeeper by year2
2024Paychex
2023LEVELIZED COMPENSATION ADVISOR, Paychex

This plan has changed recordkeepers within these filings. If you left Cheeseburger Restaurants Inc 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$19,443 · 0.81%
2023$16,657 · 0.82%
2022$14,859 · 0.89%
Similar plansAccommodation & Food Services · California
Far West Services, LLC CA$2.7M · 0.32%
Pac Pizza CA$2.6M · 0.90%
Denco Family, Inc. CA$2.6M · 1.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330969424 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.