What are the fees in the Gourmet Caterers, Inc. 401(k) plan?

For plan year 2022, Gourmet Caterers, Inc. reported $22,500 in plan administrative expenses, or 0.71% of average plan assets — above the peer median. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Gourmet Caterers, Inc. 401(k)?

The average participant account balance was $34,640 for plan year 2022, based on 85 accounts.

Gourmet Caterers, Inc.401(k)

Name: Gourmet Caterers, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

GOURMET CATERERS, INC. 401(K) PLAN · ROSLINDALE, MA · plan year 2022

Reported admin expense ratio · 2022

0.71%

Gourmet Caterers, Inc. reported $22,500 in plan administrative expenses for 2022: 0.71% of average plan assets, above the peer median. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Massachusetts (2,496th of 2,726), and 1,215th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$2,944,398
Participants with balances85
Active participants139
Employer contributions—
Employee contributions$128,532
Employer contribution per active participant—
Average account balance$34,640
Benefits paid to participants$109,133
Plan auditUnmodified (clean) audit opinion
AuditorMINSK, GOULD TATTRIE,LUSSIER & CO.

What these fees cost you

Your balance

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 history1

2022$22,500 · 0.71%

Similar plansAccommodation & Food Services · Massachusetts
Coje, LLC D/B/A Coje Management Group MA$3.4M · 4.12%
Caffe Nero Americas Inc. MA$3.2M · 3.41%
Boston Restaurant Associates, Inc. MA$3.1M
Dekk Group, LLC MA$3.0M · 0.93%
The Catered Affair, Inc. MA$2.8M · 1.04%
Ryan Development LLC MA$2.6M · 0.71%
H&C Service LLC MA$2.2M · 0.01%
Boston Pie, Inc. MA$2.0M · 1.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042510477 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.