Plan Ledger DOL Form 5500 · updated monthly

Clever Ideas, Inc.401(k)

CLEVER IDEAS AND REALLY NICE RESTAURANTS 401(K) PLAN · ELMHURST, IL · plan year 2022

Reported admin expense ratio · 2022
0.34%

Clever Ideas, Inc. reported $4,617 in plan administrative expenses for 2022: 0.34% of average plan assets, below the peer median. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Illinois (3,619th of 3,702), and 2,050th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$212,603
Participants with balances23
Active participants0
Employer contributions—
Employee contributions$38,002
Employer contribution per active participant—
Average account balance$9,244
Benefits paid to participants$1,975,568
Plan auditUnmodified (clean) audit opinion
AuditorWEISS & COMPANY LLP
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,617 · 0.34%
Similar plansAccommodation & Food Services · Illinois
Roka Akor Chicago LLC IL$265K · 0.80%
Burrito, Inc. IL$254K · 0.41%
Bleuxus, LLC IL$217K · 3.48%
Ath Employment LLC IL$101K · 0.66%
Gourmet Gorilla Inc IL$92K · 1.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363729475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.