Plan Ledger DOL Form 5500 · updated monthly

Fuentes Restaurant Management401(k)

FUENTES RESTAURANT MANAGEMENT 401(K) PROFIT SHARING PLAN & TRUST · FRISCO, TX · plan year 2023

Reported admin expense ratio · 2023
6.66%

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

Fuentes Restaurant Management reported $24,064 in plan administrative expenses for 2023: 6.66% of average plan assets, higher than ~90% 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 4.45% to 5.05%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (5,489th of 5,688), and 13,497th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$419,451
Participants with balances112
Active participants1,370
Employer contributions$0
Employee contributions$118,446
Employer contribution per active participant$0
Average account balance$3,745
Benefits paid to participants$13,131
Plan auditUnmodified (clean) audit opinion
AuditorBLAND GARVEY P.C
Plan history3
Yearassets · accounts · employer contribution
2024$417K · 107 accts
2023$419K · 112 accts
2022$303K · 124 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,396
Investment management$1,808
Trustee / custodial$860
Total administrative$24,064
The Fuentes Restaurant Management 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$522

Fuentes Restaurant Management's 2023 employer contribution ran below the $522 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 · 20231
ERISA FIDUCIARY SERVICES, INC. · Contract administrator$19,197

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$21,121 · 5.05%
2023$24,064 · 6.66%
2022$13,374 · 4.45%
Same employer
Similar plansManufacturing · Texas
Wmc Sales, LLC TX$487K · 0.02%
Romex Pest Control, LLC TX$466K · 1.90%
Hrs Operating, LLC TX$451K · 1.01%
Noltex Holdings, Inc. TX$381K · 1.36%
Truminds Technologies Inc TX$362K · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262525807 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.