Plan Ledger DOL Form 5500 · updated monthly

Focus Brands LLC401(k)

FOCUS BRANDS LLC 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Focus Brands LLC reported $76,699 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $1,117 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 0.14% to 0.09%. 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 291st-largest of 2,160 plans among Georgia employers on file, and the 88th of 2,240 in accommodation & food services. In 2024, employees put in $2.43 for every $1.00 the employer contributed; active participation has grown from 1,718 to 2,804 since 2022.

Plan summary
Net assets, end of year$93,847,248
Participants with balances1,075
Active participants2,804
Employer contributions$3,132,478
Employee contributions$7,605,219
Employer contribution per active participant$1,117
Average account balance$87,300
Benefits paid to participants$10,160,939
Plan auditUnmodified (clean) audit opinion
AuditorGRANT THRONTON LLP
Plan history3
Yearassets · accounts · employer contribution
2024$93.8M · 1,075 accts · $3.1M emplr
2023$80.5M · 1,098 accts · $3.2M emplr
2022$65.0M · 1,035 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,699
Total administrative$76,699
The Focus Brands LLC 401(k) match · 2024
Employer contribution per active participant$1,117
Median for plans this size$3,635
2024$1,117 per active participant
2023$1,872 per active participant
2022$1,499 per active participant

Focus Brands LLC'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$76,699

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$76,699 · 0.09%
2023$72,955 · 0.10%
2022$96,076 · 0.14%
Same employer
Similar plansAccommodation & Food Services · Georgia
Chick-Fil-A, Inc. GA$1.1B · 0.02%
Irb Holding Corporation GA$596.4M · 0.13%
Davidson Hotel Company, LLC GA$106.9M · 0.35%
Atrium Hospitality LP GA$101.5M · 0.43%
Muller Management GA$59.4M · 0.52%
Sea Island Company, LLC GA$43.8M · 0.33%
Zaxby's Franchising LLC GA$22.5M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133559485 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.