Plan Ledger DOL Form 5500 · updated monthly

Los Poblanos Lllp401(k)

LOS POBLANOS 401(K) PROFIT SHARING PLAN · LOS RANCHOS, NM · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Los Poblanos Lllp reported $7,399 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,072 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 0.31% to 0.25%. 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 New Mexico (216th of 290), and 1,139th of 2,240 in accommodation & food services. In 2024, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,339,284
Participants with balances322
Active participants302
Employer contributions$323,602
Employee contributions$518,962
Employer contribution per active participant$1,072
Average account balance$10,370
Benefits paid to participants$350,587
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 322 accts · $324K emplr
2023$2.5M · 332 accts · $287K emplr
2022$1.7M · 301 accts · $237K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,399
Total administrative$7,399
The Los Poblanos Lllp 401(k) match · 2024
Employer contribution per active participant$1,072
Median for plans this size$1,313
2024$1,072 per active participant
2023$893 per active participant
2022$810 per active participant

Los Poblanos Lllp'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$7,399
FIRST HEARTLAND CONSULTANTS, INC · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$7,399 · 0.25%
2023$16,129 · 0.76%
2022$5,032 · 0.31%
Same employer
Similar plansAccommodation & Food Services · New Mexico
Lfh Management, LLC NM$5.7M · 0.17%
Home on the Range, Inc. NM$3.9M · 0.16%
Blake's Lotaburger, LLC. NM$1.2M · 0.04%
Macatak, Inc. NM$1.0M · 1.18%
W.S.K. Management, Inc. NM$710K · 1.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204703086 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.