Plan Ledger DOL Form 5500 · updated monthly

Clark Restaurant Service, Inc.401(k)

CRS ONESOURCE RETIREMENT SAVINGS PLAN · OWENSBORO, KY · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Clark Restaurant Service, Inc. reported $57,646 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $3,863 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 0.25% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 281st-largest of 871 plans among Kentucky employers on file, and the 1,811th of 4,246 in wholesale trade. In 2024, employees put in $1.54 for every $1.00 the employer contributed; active participation has shrunk from 231 to 187 since 2022.

Plan summary
Net assets, end of year$21,097,954
Participants with balances221
Active participants187
Employer contributions$722,359
Employee contributions$1,115,208
Employer contribution per active participant$3,863
Average account balance$95,466
Benefits paid to participants$2,354,460
Plan auditUnmodified (clean) audit opinion
AuditorHARDING, SHYMANSKI & COMPANY, P.S.C
Plan history3
Yearassets · accounts · employer contribution
2024$21.1M · 221 accts · $722K emplr
2023$19.8M · 236 accts · $613K emplr
2022$16.9M · 263 accts · $446K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,646
Total administrative$57,646
The Clark Restaurant Service, Inc. 401(k) match · 2024
Employer contribution per active participant$3,863
Median for plans this size$2,416
2024$3,863 per active participant
2023$2,976 per active participant
2022$1,931 per active participant

Clark Restaurant Service, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$57,645
ROBERT W. BAIRD & CO. INCOPORATED · Other servicesindirect comp
NOVA 401(K) ASSOCIATES · Other servicesindirect comp
WILSHIRE ADVISORS, LLC · Investment advisory (plan)indirect comp

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$57,646 · 0.28%
2023$53,906 · 0.29%
2022$45,680 · 0.25%
Same employer
Similar plansWholesale Trade · Kentucky
United Radio, Inc. KY$31.2M · 0.36%
Linak U.S. Inc KY$26.0M · 0.35%
Plumbers Supply Co. KY$23.6M · 0.49%
Used-Car-Parts.com, Inc. KY$17.9M · 0.43%
Glantz Holdings, Inc. KY$15.1M · 0.50%
Kentucky Eagle, Inc. KY$15.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610550222 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.