Plan Ledger DOL Form 5500 · updated monthly

Luby's Restaurant Corporation401(k)

LUBY'S RESTAURANT CORPORATION RETIREMENT SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Luby's Restaurant Corporation reported $19,008 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 rose from 0.12% to 0.88%. 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 Texas (4,773rd of 5,688), and 1,332nd of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$2,401,517
Participants with balances169
Active participants1,627
Employer contributions$0
Employee contributions$285,699
Employer contribution per active participant$0
Average account balance$14,210
Benefits paid to participants$137,241
Plan auditUnmodified (clean) audit opinion
AuditorCALVETTI AND FERGUSON
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 169 accts
2023$1.9M · 167 accts
2022$1.7M · 144 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,090
Investment management$3,918
Total administrative$19,008
The Luby's Restaurant Corporation 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Luby's Restaurant Corporation's 2024 employer contribution ran below the $1,313 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)$3,918

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$19,008 · 0.88%
2023$16,957 · 0.93%
2022$1,996 · 0.12%
Same employer
Similar plansAccommodation & Food Services · Texas
Den-Tex Central, Inc TX$2.7M · 1.20%
Burgerworks Texas, LLC TX$2.6M · 0.19%
Eym Group, Inc. TX$2.5M · 1.79%
Gm Culinary TX$2.5M · 1.30%
Bunkhouse Management LLC TX$2.3M · 3.08%
Cotton Patch Cafe, LLC TX$2.2M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871502525 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.