Plan Ledger DOL Form 5500 · updated monthly

Chopt Creative Salad Company LLC401(k)

CHOPT SALAD 401(K) PLAN · RYE BROOK, NY · plan year 2021

Reported admin expense ratio · 2021
0.26%

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

Chopt Creative Salad Company LLC reported $3,967 in plan administrative expenses for 2021: 0.26% of average plan assets, below the peer median. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 0.06% to 0.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 289 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (5,194th of 5,648), and 1,515th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$1,705,419
Participants with balances69
Active participants775
Employer contributions$0
Employee contributions$233,044
Employer contribution per active participant$0
Average account balance$24,716
Benefits paid to participants$71,491
Plan auditUnmodified (clean) audit opinion
AuditorBDO USA, LLP
Plan history2
Yearassets · accounts · employer contribution
2021$1.7M · 69 accts
2020$1.3M · 60 accts
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$3,967
Total administrative$3,967
The Chopt Creative Salad Company LLC 401(k) match · 2021
Employer contribution per active participant$0
Median for plans this size$994

Chopt Creative Salad Company LLC's 2021 employer contribution ran below the $994 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2021$3,967 · 0.26%
2020$705 · 0.06%
Same employer
Similar plansAccommodation & Food Services · New York
Tacombi Holding NA LLC NY$2.1M · 1.24%
Lago Resort & Casino, LLC NY$2.0M · 0.58%
Big Red Shoes, LLC NY$1.8M · 0.31%
Root 2 LLC NY$1.4M · 1.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134045007 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.