Plan Ledger DOL Form 5500 · updated monthly

Diversified Restaurant Group, LLC401(k)

DIVERSIFIED RESTAURANT GROUP, LLC 401(K) PLAN · LAS VEGAS, NV · plan year 2022

Reported admin expense ratio · 2022
1.51%

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

Diversified Restaurant Group, LLC reported $73,868 in plan administrative expenses for 2022: 1.51% of average plan assets, higher than ~90% of peers. Employer contributions averaged $413 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 0.72% to 1.51%. 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 Nevada (282nd of 437), and the 870th of 2,240 in accommodation & food services. In 2022, employees put in $1.73 for every $1.00 the employer contributed; active participation has grown from 1,483 to 1,807 since 2020.

Plan summary
Net assets, end of year$5,126,650
Participants with balances352
Active participants1,807
Employer contributions$746,945
Employee contributions$1,292,915
Employer contribution per active participant$413
Average account balance$14,564
Benefits paid to participants$709,952
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2022$5.1M · 352 accts · $747K emplr
2021$4.6M · 293 accts · $628K emplr
2020$4.1M · 297 accts · $347K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$73,868
Total administrative$73,868
The Diversified Restaurant Group, LLC 401(k) match · 2022
Employer contribution per active participant$413
Median for plans this size$1,114
2022$413 per active participant
2021$287 per active participant
2020$234 per active participant

Diversified Restaurant Group, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2022$73,868 · 1.51%
2021$43,519 · 1.00%
2020$25,869 · 0.72%
Similar plansAccommodation & Food Services · Nevada
Marnell Gaming LLC NV$7.5M · 0.30%
G-Peg I LLC NV$5.7M · 1.03%
Paragon Tropicana, Inc. NV$4.7M · 0.28%
Eatwell Enterprises, LP NV$2.7M · 0.76%
Port of Subs, Inc. NV$2.0M · 1.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842979886 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.