Plan Ledger DOL Form 5500 · updated monthly

Gastro Operating Company, LLC401(k)

GASTRO OPERATING COMPANY, LLC EMPLOYEES' 401(K) PROFIT SHARING PLAN AND TRUST · WESTBURY, NY · plan year 2022

Reported admin expense ratio · 2022
0.47%

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

Gastro Operating Company, LLC reported $90,190 in plan administrative expenses for 2022: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $9,045 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 1 year on file its reported administrative ratio rose from 0.47% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,720th-largest of 5,648 plans among New York employers on file, and the 4,045th of 11,911 in health care & social assistance. In 2022, the employer put in $1.23 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$17,522,976
Participants with balances125
Active participants73
Employer contributions$660,279
Employee contributions$535,266
Employer contribution per active participant$9,045
Average account balance$140,184
Benefits paid to participants$1,866,066
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$16.4M · 123 accts · $673K emplr
2022$17.5M · 125 accts · $660K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$89,110
Total administrative$90,190
The Gastro Operating Company, LLC 401(k) match · 2022
Employer contribution per active participant$9,045
Median for plans this size$2,266
2023$13,458 per active participant
2022$9,045 per active participant

Gastro Operating Company, LLC's 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$85,170 · 0.50%
2022$90,190 · 0.47%
Similar plansHealth Care & Social Assistance · New York
Galileo, Inc. NY$17.7M · 0.39%
Harlem Children's Zone, Inc NY$17.6M · 0.63%
Refuah Health Center, Inc. NY$17.2M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202432134 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.