Plan Ledger DOL Form 5500 · updated monthly

Ck Franchising, Inc.401(k)

CK FRANCHISING, INC. 401(K) PROFIT SHARING PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

Ck Franchising, Inc. reported $88,229 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,102 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 0.89% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (5,780th of 9,483), and 6,109th of 11,911 in health care & social assistance. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has shrunk from 1,926 to 534 since 2022.

Plan summary
Net assets, end of year$8,841,765
Participants with balances245
Active participants534
Employer contributions$588,222
Employee contributions$1,268,560
Employer contribution per active participant$1,102
Average account balance$36,089
Benefits paid to participants$3,016,920
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 245 accts · $588K emplr
2023$8.7M · 406 accts · $720K emplr
2022$6.8M · 388 accts · $551K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,144
Investment management$32,085
Total administrative$88,229
The Ck Franchising, Inc. 401(k) match · 2024
Employer contribution per active participant$1,102
Median for plans this size$1,313
2024$1,102 per active participant
2023$339 per active participant
2022$286 per active participant

Ck Franchising, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size. 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$54,144
OSAIC FA INC · Investment advisory (plan)$32,085

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$88,229 · 1.00%
2023$71,855 · 0.92%
2022$64,370 · 0.89%
Same employer
Similar plansHealth Care & Social Assistance · California
Stanford Youth Solutions CA$8.9M · 0.56%
Alma Family Services CA$8.9M · 0.04%
Principles, Inc. CA$8.9M · 0.12%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311638733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.