Plan Ledger DOL Form 5500 · updated monthly

Crave Restaurant Holdings LLC401(k)

CRAVE RESTAURANT 401(K) SAVINGS PLAN · EDEN PRAIRIE, MN · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Crave Restaurant Holdings LLC reported $7,300 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $792 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 fell from 0.68% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Minnesota (1,815th of 1,918), and 1,537th of 2,240 in accommodation & food services. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has shrunk from 1,406 to 199 since 2022.

Plan summary
Net assets, end of year$1,613,363
Participants with balances120
Active participants199
Employer contributions$157,702
Employee contributions$263,682
Employer contribution per active participant$792
Average account balance$13,445
Benefits paid to participants$139,371
Plan auditUnmodified (clean) audit opinion
AuditorMILLER WELLE HEISER & CO. LTD
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 120 accts · $158K emplr
2023$1.2M · 147 accts · $134K emplr
2022$741K · 128 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,300
Total administrative$7,300
The Crave Restaurant Holdings LLC 401(k) match · 2024
Employer contribution per active participant$792
Median for plans this size$1,313
2024$792 per active participant
2023$94 per active participant

Crave Restaurant Holdings LLC'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
ADP, INC. · Loan processing · Recordkeeping$7,299
ADP BROKER-DEALER · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$7,300 · 0.52%
2023$1,075 · 0.11%
2022$5,617 · 0.68%
Same employer
Similar plansAccommodation & Food Services · Minnesota
Madone Inc MN$2.3M · 0.75%
P.D.I. Foods, LLC MN$2.1M · 1.38%
Scalzo Hospitality, Inc. MN$1.6M · 2.19%
Team Honey Badger LLC MN$1.6M · 0.31%
Cossetta Inc. MN$1.3M · 0.47%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 451629596 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.