Plan Ledger DOL Form 5500 · updated monthly

Lehigh Valley Restaurant Group, Inc401(k)

LVRG/LVMS 401(K) PLAN · ALLENTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
1.91%

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

Lehigh Valley Restaurant Group, Inc reported $32,509 in plan administrative expenses for 2024: 1.91% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,134 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 2.94% to 1.91%. 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 Pennsylvania (3,332nd of 3,651), and 1,430th of 2,240 in accommodation & food services. In 2024, employees put in $2.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,077,199
Participants with balances180
Active participants144
Employer contributions$163,268
Employee contributions$441,749
Employer contribution per active participant$1,134
Average account balance$11,540
Benefits paid to participants$85,371
Plan auditUnmodified (clean) audit opinion
AuditorCAMPBELL RAPPOLD & YURASITS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 180 accts · $163K emplr
2023$1.3M · 164 accts · $164K emplr
2022$668K · 153 accts · $154K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,960
Investment management$10,466
Total administrative$32,509
The Lehigh Valley Restaurant Group, Inc 401(k) match · 2024
Employer contribution per active participant$1,134
Median for plans this size$1,313
2024$1,134 per active participant
2023$1,280 per active participant
2022$1,153 per active participant

Lehigh Valley Restaurant Group, Inc's 2024 employer contribution ran below the $1,313 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

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 · 20243
JOHN HANCOCK LIFE INS CO USA · Recordkeeping · Investment management$1,083
THE PARAGON ALLIANCE GROUP LLC · Plan administrator · Recordkeeping$800
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (participants)$10,466

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

Recordkeeper by year2
2024John Hancock, THE PARAGON ALLIANCE GROUP LLC
2023John Hancock

This plan has changed recordkeepers within these filings. If you left Lehigh Valley Restaurant Group, Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$32,509 · 1.91%
2023$21,447 · 2.16%
2022$12,817 · 2.94%
Similar plansAccommodation & Food Services · Pennsylvania
The Lodge at Woodloch PA$2.3M · 1.19%
Thomas E. Strauss, Inc. PA$1.5M · 0.94%
Prospera, LLC PA$1.5M · 0.74%
Rice Enterprises, LLC PA$1.3M · 1.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232668914 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.