Plan Ledger DOL Form 5500 · updated monthly

Fox Restaurant Concepts, LLC401(k)

FOX RESTAURANT CONCEPTS 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Fox Restaurant Concepts, LLC reported $11,391 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.12% to 0.21%. 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 Arizona (797th of 1,285), and the 832nd of 2,240 in accommodation & food services. active participation has shrunk from 383 to 80 since 2022.

Plan summary
Net assets, end of year$5,542,939
Participants with balances125
Active participants80
Employer contributions$0
Employee contributions$0
Employer contribution per active participant$0
Average account balance$44,344
Benefits paid to participants$391,484
Plan auditUnmodified (clean) audit opinion
AuditorBEACH FLEISCHMAN PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 125 accts
2023$5.2M · 151 accts
2022$5.0M · 263 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,391
Total administrative$11,391
The Fox Restaurant Concepts, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Fox Restaurant Concepts, 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 · 20241

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$11,391 · 0.21%
2023$13,052 · 0.26%
2022$7,447 · 0.12%
Similar plansAccommodation & Food Services · Arizona
Mjb Pizza, Inc. AZ$9.8M · 0.44%
Upward Projects AZ$4.7M · 1.60%
Frc Balance LLC AZ$4.4M · 0.53%
M Culinary Concepts, Inc. AZ$3.9M · 0.43%
Valle Luna, Inc. AZ$3.3M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860992919 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.