Plan Ledger DOL Form 5500 · updated monthly

City Barbeque401(k)

CITY BARBEQUE 401K PLAN · DUBLIN, OH · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

City Barbeque reported $67,598 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $598 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 0.36% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 1,575th-largest of 3,295 plans among Ohio employers on file, and the 401st of 2,240 in accommodation & food services. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 912 to 1,249 since 2022.

Plan summary
Net assets, end of year$15,323,570
Participants with balances378
Active participants1,249
Employer contributions$746,421
Employee contributions$1,449,921
Employer contribution per active participant$598
Average account balance$40,539
Benefits paid to participants$1,410,787
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 378 accts · $746K emplr
2023$12.7M · 339 accts · $664K emplr
2022$10.4M · 300 accts · $604K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,557
Investment management$18,000
Total administrative$67,598
The City Barbeque 401(k) match · 2024
Employer contribution per active participant$598
Median for plans this size$2,416
2024$598 per active participant
2023$590 per active participant
2022$662 per active participant

City Barbeque's 2024 employer contribution ran below the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$44,183
OSAIC WEALTH INC · Investment advisory (plan)$18,000

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$67,598 · 0.48%
2023$58,130 · 0.50%
2022$39,963 · 0.36%
Same employer
Similar plansAccommodation & Food Services · Ohio
Larosa's, Inc. OH$20.5M · 0.15%
Red Roof Franchising, LLC OH$20.3M · 0.43%
Donatos Pizzeria, LLC OH$19.1M · 0.66%
Skyline Chili, LLC OH$14.1M · 0.32%
Gosh Enterprises Inc OH$12.6M · 0.53%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311657386 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.