Plan Ledger DOL Form 5500 · updated monthly

Corkys Bar-B-Que, LLC401(k)

CORKY'S BBQ 401(K) PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.93%

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

Corkys Bar-B-Que, LLC reported $5,399 in plan administrative expenses for 2024: 0.93% of average plan assets, below the peer median. Employer contributions averaged $1,391 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Tennessee (1,402nd of 1,496), and 1,720th of 2,240 in accommodation & food services. In 2024, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,017,344
Participants with balances120
Active participants169
Employer contributions$235,020
Employee contributions$336,765
Employer contribution per active participant$1,391
Average account balance$8,478
Benefits paid to participants$47,883
AuditorATA, PC
Plan history2
Yearassets · accounts · employer contribution
2024$1.0M · 120 accts · $235K emplr
2023$139K · 109 accts · $46K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,841
Investment management$2,558
Total administrative$5,399
The Corkys Bar-B-Que, LLC 401(k) match · 2024
Employer contribution per active participant$1,391
Median for plans this size$540
2024$1,391 per active participant
2023$264 per active participant

Corkys Bar-B-Que, LLC's 2024 employer contribution ran above the $540 median for plans its size, placing it in the top 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.

Administrative cost history2
2024$5,399 · 0.93%
2023Not separately reported
Similar plansAccommodation & Food Services · Tennessee
Wellengood Partners TN$1.6M · 1.63%
Carolina Quality, LLC TN$1.6M · 1.92%
Darden Management, Inc. TN$1.6M · 0.15%
Loveless Cafe, LLC TN$1.3M · 0.22%
Capstone Concepts, LLC TN$881K · 0.44%
Hot & Spicy Holdings, LLC TN$532K · 1.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621212997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.