Plan Ledger DOL Form 5500 · updated monthly

M Culinary Concepts, Inc.401(k)

M CULINARY CONCEPTS, LLC 401(K) PROFIT SHARING PLAN · PHOENIX, AZ · plan year 2022

Reported admin expense ratio · 2022
0.43%

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

M Culinary Concepts, Inc. reported $18,244 in plan administrative expenses for 2022: 0.43% of average plan assets, below the peer median. Employer contributions averaged $640 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Arizona (907th of 1,285), and the 1,036th of 2,240 in accommodation & food services. In 2022, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,916,529
Participants with balances89
Active participants211
Employer contributions$135,044
Employee contributions$241,561
Employer contribution per active participant$640
Average account balance$44,006
Benefits paid to participants$233,922
Plan auditUnmodified (clean) audit opinion
AuditorEVERS ROBINSON
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$713
Investment management$16,654
Professional / advisory$877
Total administrative$18,244
The M Culinary Concepts, Inc. 401(k) match · 2022
Employer contribution per active participant$640
Median for plans this size$1,114

M Culinary Concepts, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$18,244 · 0.43%
All plans at this employer2
M CULINARY CONCEPTS, LLC 401(K) PROFIT SHARING PLAN401(k)
M CULINARY CONCEPTS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansAccommodation & Food Services · Arizona
Mjb Pizza, Inc. AZ$9.8M · 0.44%
Upward Projects AZ$4.7M · 1.60%
Frc Balance LLC AZ$4.4M · 0.53%
Valle Luna, Inc. AZ$3.3M · 0.94%
And Go Concepts, LLC AZ$3.2M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860954922 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.