Plan Ledger DOL Form 5500 · updated monthly

Fourth Wall Restaurants, LLC401(k)

QUALITY BRANDED 401(K) · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Fourth Wall Restaurants, LLC reported $18,580 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $51 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 3 years on file its reported administrative ratio has held roughly steady near 0.353%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (4,414th of 5,648), and the 847th of 2,240 in accommodation & food services. In 2024, employees put in $7.11 for every $1.00 the employer contributed; active participation has grown from 1,674 to 1,864 since 2022.

Plan summary
Net assets, end of year$5,344,946
Participants with balances155
Active participants1,864
Employer contributions$95,810
Employee contributions$680,995
Employer contribution per active participant$51
Average account balance$34,484
Benefits paid to participants$1,070,562
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 155 accts · $96K emplr
2023$5.2M · 143 accts · $73K emplr
2022$4.1M · 128 accts · $66K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$575
Investment management$18,005
Total administrative$18,580
The Fourth Wall Restaurants, LLC 401(k) match · 2024
Employer contribution per active participant$51
Median for plans this size$1,313
2024$51 per active participant
2023$87 per active participant
2022$40 per active participant

Fourth Wall Restaurants, LLC's 2024 employer contribution ran below the $1,313 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 · 20242
CHADLER INVESTMENT ADVISORY · Investment advisory (plan)$18,007
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$575

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$18,580 · 0.35%
2023$15,658 · 0.34%
2022$15,081 · 0.35%
Same employer
Similar plansAccommodation & Food Services · New York
Kasa Living, Inc. NY$5.4M · 0.42%
Dino Hospitality, LLC NY$5.3M · 0.58%
Kelton Enterprises, LLC NY$5.3M · 0.35%
Mei Gny Hospitality, LLC NY$4.8M · 0.04%
Bbl Hospitality, LLC NY$4.7M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260544482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.