Plan Ledger DOL Form 5500 · updated monthly

Fm Restaurants Hq, LLC401(k)

FM RESTAURANTS HQ, LLC 401(K) PLAN · CYPRESS, CA · plan year 2023

Reported admin expense ratio · 2023
0.48%

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

Fm Restaurants Hq, LLC reported $27,330 in plan administrative expenses for 2023: 0.48% of average plan assets, below the peer median. Employer contributions averaged $280 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 1 year on file its reported administrative ratio rose from 0.37% to 0.48%. 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 California (6,676th of 9,483), and the 799th of 2,240 in accommodation & food services. In 2023, employees put in $6.30 for every $1.00 the employer contributed; active participation has shrunk from 544 to 309 since 2022.

Plan summary
Net assets, end of year$5,972,989
Participants with balances524
Active participants309
Employer contributions$86,665
Employee contributions$546,080
Employer contribution per active participant$280
Average account balance$11,399
Benefits paid to participants$897,213
Plan auditUnmodified (clean) audit opinion
AuditorWRIGHT FORD YOUNG & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $91K emplr
2023$6.0M · 524 accts · $87K emplr
2022$5.4M · 506 accts · $153K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,791
Investment management$9,539
Total administrative$27,330
The Fm Restaurants Hq, LLC 401(k) match · 2023
Employer contribution per active participant$280
Median for plans this size$1,308
2023$280 per active participant
2022$281 per active participant

Fm Restaurants Hq, 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
ALLIANT INSURANCE SERVICES INC DBA · Investment advisory (plan)$6,434
EMPOWER ADVISORY GROUP, LLC · Investment management$3,105

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

Administrative cost history3
2024Not separately reported
2023$27,330 · 0.48%
2022$21,557 · 0.37%
Same employer
Similar plansAccommodation & Food Services · California
Equator Coffees, LLC CA$6.1M · 0.64%
Pressed Juicery, Inc. CA$6.0M · 0.67%
Blaze Pizza, LLC CA$5.2M · 0.02%
The Brigantine, Inc. CA$5.2M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832134910 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.