Plan Ledger DOL Form 5500 · updated monthly

Frisch's Restaurants, Inc.401(k)

FRISCH'S EMPLOYEE 401(K) SAVINGS PLAN · CINCINNATI, OH · plan year 2023

Reported admin expense ratio · 2023
0.64%

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

Frisch's Restaurants, Inc. reported $128,716 in plan administrative expenses for 2023: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $282 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 has held roughly steady near 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 1,269th-largest of 3,295 plans among Ohio employers on file, and the 290th of 2,240 in accommodation & food services. In 2023, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,047,132
Participants with balances620
Active participants2,155
Employer contributions$607,566
Employee contributions$972,685
Employer contribution per active participant$282
Average account balance$33,947
Benefits paid to participants$3,339,451
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $306K emplr
2023$21.0M · 620 accts · $608K emplr
2022$19.4M · 630 accts · $618K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$55,406
Investment management$73,310
Total administrative$128,716
The Frisch's Restaurants, Inc. 401(k) match · 2023
Employer contribution per active participant$282
Median for plans this size$2,440
2023$282 per active participant
2022$306 per active participant

Frisch's Restaurants, Inc.'s 2023 employer contribution ran below the $2,440 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
RBC CAPITAL MARKETS LLC · Investment advisory (plan)$64,780
EMPOWER ADVISORY GROUP, LLC · Investment management$8,530

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$128,716 · 0.64%
2022$120,648 · 0.61%
Same employer
Similar plansAccommodation & Food Services · Ohio
Avi Foodsystems Inc OH$97.8M · 0.27%
Covelli Enterprises, Inc. OH$56.4M · 0.55%
Hrm Enterprises, Inc. OH$22.1M · 0.43%
Larosa's, Inc. OH$20.5M · 0.15%
Red Roof Franchising, LLC OH$20.3M · 0.43%
Donatos Pizzeria, LLC OH$19.1M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310523213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.