Plan Ledger DOL Form 5500 · updated monthly

Flying Food Fare, Inc.401(k)

FLYING FOOD FARE, INC. 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Flying Food Fare, Inc. reported $318,258 in plan administrative expenses for 2024: 0.41% of average plan assets, higher than ~90% of peers. Employer contributions averaged $795 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 0.46% to 0.41%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 622nd-largest of 3,702 plans among Illinois employers on file, and the 95th of 2,240 in accommodation & food services. In 2024, employees put in $3.14 for every $1.00 the employer contributed; active participation has grown from 2,715 to 4,463 since 2022.

Plan summary
Net assets, end of year$87,564,702
Participants with balances4,684
Active participants4,463
Employer contributions$3,547,950
Employee contributions$11,148,031
Employer contribution per active participant$795
Average account balance$18,694
Benefits paid to participants$5,775,878
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$87.6M · 4,684 accts · $3.5M emplr
2023$69.2M · 3,820 accts · $2.7M emplr
2022$55.0M · 3,118 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$226,232
Investment management$92,026
Total administrative$318,258
The Flying Food Fare, Inc. 401(k) match · 2024
Employer contribution per active participant$795
Median for plans this size$3,635
2024$795 per active participant
2023$854 per active participant
2022$684 per active participant

Flying Food Fare, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$226,232
CREATIVE PLANNING, LLC · Investment advisory (plan)$44,343
UBS FINANCIAL · Investment advisory (plan)$28,497
LPL FINANCIAL · Investment advisory (plan)$19,186

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$318,258 · 0.41%
2023$240,456 · 0.39%
2022$270,993 · 0.46%
Similar plansAccommodation & Food Services · Illinois
Hyatt Corporation IL$2.5B · 0.05%
Grubhub Holdings Inc. IL$219.2M · 0.16%
Michael Lewis Company IL$44.7M · 0.12%
Malnati Organization, LLC IL$28.5M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363233324 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.