Plan Ledger DOL Form 5500 · updated monthly

Lettuce Entertain You Enterprises, Inc.401(k)

LETTUCE ENTERTAIN YOU EMPLOYEE SAVINGS PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Lettuce Entertain You Enterprises, Inc. reported $197,981 in plan administrative expenses for 2024: 0.33% of average plan assets, higher than ~75% of peers. Employer contributions averaged $98 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 0.36% to 0.33%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 745th-largest of 3,702 plans among Illinois employers on file, and the 114th of 2,240 in accommodation & food services. In 2024, employees put in $11.78 for every $1.00 the employer contributed; active participation has grown from 4,567 to 5,751 since 2022.

Plan summary
Net assets, end of year$66,713,523
Participants with balances1,671
Active participants5,751
Employer contributions$560,931
Employee contributions$6,609,264
Employer contribution per active participant$98
Average account balance$39,924
Benefits paid to participants$2,855,598
Plan auditUnmodified (clean) audit opinion
AuditorPLANTE AND MORAN, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$66.7M · 1,671 accts · $561K emplr
2023$52.9M · 1,319 accts · $493K emplr
2022$43.0M · 1,318 accts · $423K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$130,559
Investment management$67,422
Total administrative$197,981
The Lettuce Entertain You Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$98
Median for plans this size$3,635
2024$98 per active participant
2023$97 per active participant
2022$93 per active participant

Lettuce Entertain You Enterprises, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$67,422

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$197,981 · 0.33%
2023$155,993 · 0.33%
2022$166,337 · 0.36%
Same employer
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Hyatt Corporation IL$2.5B · 0.05%
Grubhub Holdings Inc. IL$219.2M · 0.16%
Flying Food Fare, Inc. IL$87.6M · 0.41%
Michael Lewis Company IL$44.7M · 0.12%
Malnati Organization, LLC IL$28.5M · 0.30%
Portillo's Hot Dogs, LLC IL$27.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362943068 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.