Plan Ledger DOL Form 5500 · updated monthly

Ison Family Restaurants401(k)

ISON FAMILY RESTAURANTS 401(K) PLAN · BLUE ASH, OH · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Ison Family Restaurants reported $19,852 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. Employer contributions averaged $2,991 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 3 years on file its reported administrative ratio has held roughly steady near 0.772%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Ohio (2,895th of 3,295), and 1,246th of 2,240 in accommodation & food services. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has shrunk from 264 to 35 since 2022.

Plan summary
Net assets, end of year$2,814,982
Participants with balances95
Active participants35
Employer contributions$104,694
Employee contributions$169,161
Employer contribution per active participant$2,991
Average account balance$29,631
Benefits paid to participants$113,334
Plan auditUnmodified (clean) audit opinion
AuditorBARNES, DENNIG & CO., LTD
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 95 accts · $105K emplr
2023$2.3M · 109 accts · $104K emplr
2022$2.5M · 117 accts · $114K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,884
Investment management$10,968
Total administrative$19,852
The Ison Family Restaurants 401(k) match · 2024
Employer contribution per active participant$2,991
Median for plans this size$1,313
2024$2,991 per active participant
2023$119 per active participant
2022$431 per active participant

Ison Family Restaurants's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PCS RETIREMENT · Claims processing · Contract administrator$6,702
WELLS FARGO ADVISORS, LLC · Investment advisory (participants)$10,968

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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Administrative cost history3
2024$19,852 · 0.77%
2023$19,819 · 0.82%
2022$19,932 · 0.77%
Similar plansAccommodation & Food Services · Ohio
Calimira, LLC OH$3.0M · 0.53%
Marcos Pizza, Inc. OH$2.7M · 0.03%
Bob Rhodes Company OH$2.6M · 0.04%
Bennett Management Corp. OH$2.5M · 1.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830594893 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.