Plan Ledger DOL Form 5500 · updated monthly

Fifth Group Restaurants, LLC401(k)

FIFTH GROUP RESTAURANTS, LLC 401(K) PLAN · ATLANTA, GA · plan year 2023

Reported admin expense ratio · 2023
0.66%

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

Fifth Group Restaurants, LLC reported $50,883 in plan administrative expenses for 2023: 0.66% of average plan assets, above the peer median. Employer contributions averaged $266 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 0.78% to 0.66%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Georgia (1,335th of 2,160), and the 642nd of 2,240 in accommodation & food services. In 2023, employees put in $8.54 for every $1.00 the employer contributed; active participation has grown from 368 to 422 since 2022.

Plan summary
Net assets, end of year$8,605,602
Participants with balances498
Active participants422
Employer contributions$112,291
Employee contributions$958,937
Employer contribution per active participant$266
Average account balance$17,280
Benefits paid to participants$456,208
Plan auditUnmodified (clean) audit opinion
AuditorADAMSBROWN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 348 accts · $170K emplr
2023$8.6M · 498 accts · $112K emplr
2022$6.8M · 401 accts · $60K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$29,865
Investment management$21,018
Total administrative$50,883
The Fifth Group Restaurants, LLC 401(k) match · 2023
Employer contribution per active participant$266
Median for plans this size$1,308
2024$653 per active participant
2023$266 per active participant
2022$163 per active participant

Fifth Group Restaurants, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$15,574
EMPOWER ADVISORY GROUP, LLC · Investment management$5,444

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$55,118 · 0.66%
2023$50,883 · 0.66%
2022$61,572 · 0.78%
Same employer
Similar plansAccommodation & Food Services · Georgia
Tropical Smoothie Cafe, LLC GA$10.4M · 0.49%
Gps Hospitality, LLC GA$4.7M · 1.68%
Apple Central 401K Plan GA$4.5M · 0.37%
Avants Operations, LLC GA$4.0M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010710216 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.