What are the fees in the Heavy Restaurant Group 401(k) plan?

For plan year 2022, Heavy Restaurant Group reported $4,317 in plan administrative expenses, or 0.70% of average plan assets — below the peer median. Fund-level expense ratios are not included in public filings.

What is the Heavy Restaurant Group 401(k) match?

In 2022, employer contributions to the Heavy Restaurant Group plan averaged $225 per active participant, below the $331 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Heavy Restaurant Group 401(k)?

The average participant account balance was $8,123 for plan year 2022, based on 69 accounts.

Heavy Restaurant Group401(k)

Name: Heavy Restaurant Group 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

HEAVY RESTAURANT GROUP 401(K) PLAN · SEATTLE, WA · plan year 2022

Reported admin expense ratio · 2022

0.70%

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

Heavy Restaurant Group reported $4,317 in plan administrative expenses for 2022: 0.70% of average plan assets, below the peer median. Employer contributions averaged $225 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Washington (1,669th of 1,714), and 1,883rd of 2,240 in accommodation & food services. In 2022, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$560,518
Participants with balances69
Active participants156
Employer contributions$35,159
Employee contributions$66,742
Employer contribution per active participant$225
Average account balance$8,123
Benefits paid to participants$83,932
Plan auditUnmodified (clean) audit opinion
AuditorCOULTER & JUSTUS

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$4,317

Total administrative$4,317

The Heavy Restaurant Group 401(k) match · 2022

Employer contribution per active participant$225

Median for plans this size$331

Heavy Restaurant Group's 2022 employer contribution ran below the $331 median for plans its size. 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

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$4,317 · 0.70%

Similar plansAccommodation & Food Services · Washington
Es Restaurant Group Inc. WA$937K · 1.57%
Puget Sound Hospitality, LLC WA$765K · 3.14%
Wenspok Resources LLC WA$695K · 2.05%
Nooksack Indian Tribe WA$596K · 0.05%
K.M Parker, Inc. WA$555K · 2.84%
Ascend Hospitality Group WA$507K · 0.50%
J H Management LLC WA$491K · 1.94%
The Food Co-Op WA$447K · 1.61%

Why are you looking at this plan?

Compare
401(k) plans in Washington
Worked here before? Find your old 401(k)
401(k) plans in Accommodation & Food Services
Plans of similar size
Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 202635447 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.