Plan Ledger DOL Form 5500 · updated monthly

Chickies and Petes Inc401(k)

CHICKIES AND PETES INC 401(K) PROFIT SHARING PLAN & TRUST · BENSALEM, PA · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Chickies and Petes Inc reported $31,422 in plan administrative expenses for 2024: 0.76% of average plan assets, above the peer median. Employer contributions averaged $244 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 0.58% to 0.76%. 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 Pennsylvania (2,939th of 3,651), and the 940th of 2,240 in accommodation & food services. In 2024, employees put in $2.70 for every $1.00 the employer contributed; active participation has grown from 551 to 733 since 2022.

Plan summary
Net assets, end of year$4,550,184
Participants with balances186
Active participants733
Employer contributions$178,684
Employee contributions$481,642
Employer contribution per active participant$244
Average account balance$24,463
Benefits paid to participants$403,920
Plan auditUnmodified (clean) audit opinion
AuditorVERNA AND ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 186 accts · $179K emplr
2023$3.8M · 234 accts · $183K emplr
2022$2.8M · 244 accts · $190K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,599
Investment management$5,823
Total administrative$31,422
The Chickies and Petes Inc 401(k) match · 2024
Employer contribution per active participant$244
Median for plans this size$1,313
2024$244 per active participant
2023$279 per active participant
2022$344 per active participant

Chickies and Petes 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
SECURITIES AMERICA ADVISORS, INC. · Investment advisory (plan) · Recordkeeping$5,823
LINCOLN NATIONAL CORPORATION · Contract administrator$25,599

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

Recordkeeper by year2
2024SECURITIES AMERICA ADVISORS, INC.
2023KATHMERE CAPITAL MANAGEMENT, Paychex

This plan has changed recordkeepers within these filings. If you left Chickies and Petes 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$31,422 · 0.76%
2023$29,130 · 0.89%
2022$16,543 · 0.58%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 232979978 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.