Plan Ledger DOL Form 5500 · updated monthly

Martins Restaurants Systems, Inc.401(k)

MARTIN'S RESTAURANTS SYSTEMS, INC. 401(K) PLAN · MABLETON, GA · plan year 2022

Reported admin expense ratio · 2022
0.43%

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

Martins Restaurants Systems, Inc. reported $7,381 in plan administrative expenses for 2022: 0.43% of average plan assets, below the peer median. Employer contributions averaged $368 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 Georgia (1,984th of 2,160), and 1,549th of 2,240 in accommodation & food services. In 2022, employees put in $3.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,585,338
Participants with balances49
Active participants98
Employer contributions$36,085
Employee contributions$126,407
Employer contribution per active participant$368
Average account balance$32,354
Benefits paid to participants$135,289
Plan auditUnmodified (clean) audit opinion
AuditorCOKER JAMES & COMPANY, P.C.
Administrative expenses, itemized · 2022
Investment management$7,381
Total administrative$7,381
The Martins Restaurants Systems, Inc. 401(k) match · 2022
Employer contribution per active participant$368
Median for plans this size$1,114

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

Administrative cost history1
2022$7,381 · 0.43%
Similar plansAccommodation & Food Services · Georgia
755 Restaurant Corp. GA$1.9M · 0.07%
Augusta Riverfront, LLC GA$1.8M · 0.15%
Tm Restaurant Group, LLC GA$1.8M · 0.14%
101 Concepts, LLC GA$1.4M · 1.33%
Oxford Foods, Inc. GA$1.4M · 2.78%
Apsilon Hotels, LLC GA$1.1M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581429053 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.