Plan Ledger DOL Form 5500 · updated monthly

Chipotle Mexican Grill, Inc.401(k)

CHIPOTLE MEXICAN GRILL, INC. 401(K) PLAN · NEWPORT BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Chipotle Mexican Grill, Inc. reported $816,222 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~90% of peers. Employer contributions averaged $176 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 0.29% to 0.31%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 419th-largest of 9,483 plans among California employers on file, and the 34th of 2,240 in accommodation & food services. In 2024, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$292,760,764
Participants with balances10,839
Active participants94,731
Employer contributions$16,708,329
Employee contributions$32,785,731
Employer contribution per active participant$176
Average account balance$27,010
Benefits paid to participants$34,696,738
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$292.8M · 10,839 accts · $16.7M emplr
2023$236.4M · 8,363 accts · $13.7M emplr
2022$183.2M · 8,006 accts · $12.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$816,222
Total administrative$816,222
The Chipotle Mexican Grill, Inc. 401(k) match · 2024
Employer contribution per active participant$176
Median for plans this size$4,294
2024$176 per active participant
2023$164 per active participant
2022$131 per active participant

Chipotle Mexican Grill, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$816,222

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$816,222 · 0.31%
2023$640,003 · 0.31%
2022$558,139 · 0.29%
Same employer
Similar plansAccommodation & Food Services · California
In-N-Out Burger, Inc. CA$947.3M · 0.02%
Panda Restaurant Group, Inc. CA$609.8M · 0.16%
Jack in the Box Inc. CA$145.0M · 0.10%
Pebble Beach Company CA$143.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841219301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.