Plan Ledger DOL Form 5500 · updated monthly

Malnati Organization, LLC401(k)

MALNATI ORGANIZATION 401(K) SAVINGS PLAN · BUFFALO GROVE, IL · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Malnati Organization, LLC reported $84,076 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $336 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 0.32% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 1,363rd-largest of 3,702 plans among Illinois employers on file, and the 214th of 2,240 in accommodation & food services. In 2024, employees put in $3.07 for every $1.00 the employer contributed; active participation has grown from 1,152 to 1,435 since 2022.

Plan summary
Net assets, end of year$28,513,730
Participants with balances671
Active participants1,435
Employer contributions$482,355
Employee contributions$1,481,045
Employer contribution per active participant$336
Average account balance$42,494
Benefits paid to participants$4,658,272
Plan auditUnmodified (clean) audit opinion
AuditorCJBS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$28.5M · 671 accts · $482K emplr
2023$27.1M · 673 accts · $917K emplr
2022$21.5M · 647 accts · $364K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,076
Total administrative$84,076
The Malnati Organization, LLC 401(k) match · 2024
Employer contribution per active participant$336
Median for plans this size$2,416
2024$336 per active participant
2023$665 per active participant
2022$316 per active participant

Malnati Organization, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
CAPITAL GROUP RETIREMENT PLAN SERVC$48,330
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$37,496
DOWELL GROUP LLP · Contract administrator$3,825

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$84,076 · 0.30%
2023$67,724 · 0.28%
2022$76,391 · 0.32%
Same employer
Similar plansAccommodation & Food Services · Illinois
Flying Food Fare, Inc. IL$87.6M · 0.41%
Michael Lewis Company IL$44.7M · 0.12%
Portillo's Hot Dogs, LLC IL$27.5M · 0.04%
Hospitality Staffing II LLC IL$25.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363308841 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.