Plan Ledger DOL Form 5500 · updated monthly

Flynn Restaurant Group LP401(k)

FLYNN RESTAURANT GROUP 401(K) RETIREMENT PLAN · INDEPENDENCE, OH · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Flynn Restaurant Group LP reported $387,265 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $107 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 0.33% to 0.35%. 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 325th-largest of 3,295 plans among Ohio employers on file, and the 72nd of 2,240 in accommodation & food services. In 2024, employees put in $5.06 for every $1.00 the employer contributed; active participation has grown from 19,444 to 24,677 since 2022.

Plan summary
Net assets, end of year$118,543,911
Participants with balances3,957
Active participants24,677
Employer contributions$2,629,138
Employee contributions$13,290,298
Employer contribution per active participant$107
Average account balance$29,958
Benefits paid to participants$14,723,494
Plan auditUnmodified (clean) audit opinion
AuditorCIUNI & PANICHI, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$118.5M · 3,957 accts · $2.6M emplr
2023$100.9M · 3,565 accts · $2.4M emplr
2022$80.8M · 3,480 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$321,605
Investment management$39,925
Audit (IQPA)$25,735
Total administrative$387,265
The Flynn Restaurant Group LP 401(k) match · 2024
Employer contribution per active participant$107
Median for plans this size$3,635
2024$107 per active participant
2023$111 per active participant
2022$98 per active participant

Flynn Restaurant Group LP'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$321,605
WELLS FARGO CLEARING SERVICES LLC · Investment advisory (plan)$39,925
CIUNI & PANICHI INC. · Accounting / audit$25,735

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$387,265 · 0.35%
2023$294,211 · 0.32%
2022$291,462 · 0.33%
Similar plansAccommodation & Food Services · Ohio
The Wendy's Company OH$294.0M · 0.13%
White Castle System, Inc. OH$176.5M · 0.07%
Bob Evans Restaurants, LLC OH$102.7M · 0.26%
Avi Foodsystems Inc OH$97.8M · 0.27%
Covelli Enterprises, Inc. OH$56.4M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 451734458 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.