Plan Ledger DOL Form 5500 · updated monthly

Express Kitchen, Inc.401(k)

EXPRESS KITCHENS 401(K) PLAN · HARTFORD, CT · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

Express Kitchen, Inc. reported $11,579 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $254 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 5 years on file its reported administrative ratio fell from 1.12% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Connecticut (1,054th of 1,106), and 4,867th of 5,215 in retail trade. In 2024, employees put in $8.61 for every $1.00 the employer contributed; active participation has shrunk from 145 to 116 since 2019.

Plan summary
Net assets, end of year$1,327,229
Participants with balances169
Active participants116
Employer contributions$29,514
Employee contributions$254,146
Employer contribution per active participant$254
Average account balance$7,853
Benefits paid to participants$101,277
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.3M · 169 accts · $30K emplr
2022$708K · 67 accts · $19K emplr
2019$441K · 78 accts · $21K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,579
Total administrative$11,579
The Express Kitchen, Inc. 401(k) match · 2024
Employer contribution per active participant$254
Median for plans this size$1,313
2024$254 per active participant
2022$212 per active participant
2019$142 per active participant

Express Kitchen, 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.

Service providers · 20241
ADP, INC. · Recordkeeping$11,579

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

Administrative cost history3
2024$11,579 · 1.00%
2022$6,675 · 0.92%
2019$3,850 · 1.12%
Similar plansRetail Trade · Connecticut
Girard Motors, Inc. CT$2.3M · 1.04%
Waverly Markets, LLC CT$2.2M · 0.88%
Trackman, Inc. CT$1.8M · 0.03%
Michaels, Inc. CT$1.6M · 0.02%
Dxr Finance 3 LLC CT$428K · 0.18%
Lecoq Cuisine Corporation CT$75K · 11.82%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 822005387 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.