Plan Ledger DOL Form 5500 · updated monthly

Kellan Restaurant Management Corp.401(k)

KELLAN RESTAURANT MANAGEMENT CORP. 401(K) PLAN · NORTH KANSAS CITY, MO · plan year 2022

Reported admin expense ratio · 2022
0.78%

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

Kellan Restaurant Management Corp. reported $4,760 in plan administrative expenses for 2022: 0.78% of average plan assets, below the peer median. Employer contributions averaged $99 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 Missouri (1,351st of 1,393), and 1,862nd of 2,240 in accommodation & food services. In 2022, employees put in $9.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$641,648
Participants with balances81
Active participants229
Employer contributions$22,636
Employee contributions$221,744
Employer contribution per active participant$99
Average account balance$7,922
Benefits paid to participants$64,505
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,760
Total administrative$4,760
The Kellan Restaurant Management Corp. 401(k) match · 2022
Employer contribution per active participant$99
Median for plans this size$331

Kellan Restaurant Management Corp.'s 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,760 · 0.78%
Same employer
Similar plansAccommodation & Food Services · Missouri
Tilford Restaurant Group MO$922K · 2.44%
Eqh Service Company, LLC MO$741K · 0.11%
Oklahoma City Bakery Inc. MO$638K · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431531346 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.