Plan Ledger DOL Form 5500 · updated monthly

Darden Management, Inc.401(k)

DARDEN MANAGEMENT, INC. 401(K) RETIREMENT SAVINGS PLAN · DYERSBURG, TN · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Darden Management, Inc. reported $2,100 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $263 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 0.08% to 0.15%. 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 Tennessee (1,352nd of 1,496), and 1,543rd of 2,240 in accommodation & food services. In 2024, employees put in $1.51 for every $1.00 the employer contributed; active participation has shrunk from 249 to 174 since 2022.

Plan summary
Net assets, end of year$1,596,629
Participants with balances386
Active participants174
Employer contributions$45,812
Employee contributions$69,071
Employer contribution per active participant$263
Average account balance$4,136
Benefits paid to participants$53,815
Plan auditUnmodified (clean) audit opinion
AuditorATA, PC
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 386 accts · $46K emplr
2023$1.3M · 373 accts · $47K emplr
2022$1.1M · 377 accts · $48K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,100
Total administrative$2,100
The Darden Management, Inc. 401(k) match · 2024
Employer contribution per active participant$263
Median for plans this size$1,313
2024$263 per active participant
2023$261 per active participant
2022$195 per active participant

Darden Management, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 history3
2024$2,100 · 0.15%
2023$1,075 · 0.09%
2022$975 · 0.08%
Similar plansAccommodation & Food Services · Tennessee
Hattie Bs, LLC TN$1.8M · 0.53%
Wellengood Partners TN$1.6M · 1.63%
Carolina Quality, LLC TN$1.6M · 1.92%
Loveless Cafe, LLC TN$1.3M · 0.22%
Corkys Bar-B-Que, LLC TN$1.0M · 0.93%
Capstone Concepts, LLC TN$881K · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621513432 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.