Plan Ledger DOL Form 5500 · updated monthly

Grill Concepts Services, Inc.401(k)

GRILL CONCEPTS SERVICES, INC. 401(K) PLAN · LAS VEGAS, NV · plan year 2023

Reported admin expense ratio · 2023
1.30%

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

Grill Concepts Services, Inc. reported $24,088 in plan administrative expenses for 2023: 1.30% 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 fell from 1.00% to 0.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Nevada (350th of 437), and 1,460th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$1,940,915
Participants with balances135
Active participants272
Employer contributions$0
Employee contributions$69,539
Employer contribution per active participant$0
Average account balance$14,377
Benefits paid to participants$122,506
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.4M · 114 accts
2023$1.9M · 135 accts
2022$1.8M · 136 accts
Administrative expenses, itemized · 2023
Investment management$11,928
Audit (IQPA)$12,160
Total administrative$24,088
The Grill Concepts Services, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Grill Concepts Services, Inc.'s 2023 employer contribution ran below the $1,308 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 · 20234
CAMPBELL TAYLOR & COMPANY · Accounting / audit$12,160
SECURITIES AMERICA ADVISORS INC · Investment advisory (plan)$8,962
EMPOWER ADVISORY GROUP, LLC · Investment management$2,966

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$15,296 · 0.91%
2023$24,088 · 1.30%
2022$17,769 · 1.00%
Similar plansAccommodation & Food Services · Nevada
Paragon Tropicana, Inc. NV$4.7M · 0.28%
Eatwell Enterprises, LP NV$2.7M · 0.76%
Port of Subs, Inc. NV$2.0M · 1.24%
Bch Gaming Reno LLC NV$1.2M · 1.06%
Neva One LLC NV$1.1M · 0.33%
Club 93, Inc. NV$1.1M · 1.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203645375 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.