Plan Ledger DOL Form 5500 · updated monthly

Megali Souvla, Inc.401(k)

SOUVLA 401K PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Megali Souvla, Inc. reported $180 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $658 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 1 year on file its reported administrative ratio rose from 0.01% to 0.02%. 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 California (8,637th of 9,483), and 1,609th of 2,240 in accommodation & food services. In 2024, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,328,759
Participants with balances88
Active participants153
Employer contributions$100,735
Employee contributions$156,104
Employer contribution per active participant$658
Average account balance$15,100
Benefits paid to participants$68,385
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$1.3M · 88 accts · $101K emplr
2023$968K · 101 accts · $87K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$180
Total administrative$180
The Megali Souvla, Inc. 401(k) match · 2024
Employer contribution per active participant$658
Median for plans this size$1,313
2024$658 per active participant
2023$682 per active participant

Megali Souvla, Inc.'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 · 20241
JP MORGAN INVEST HOLDINGS LLC$30

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$180 · 0.02%
2023$90 · 0.01%
Similar plansAccommodation & Food Services · California
Colmax LLC CA$1.4M · 1.38%
First Light Resorts, LLC CA$1.3M · 0.31%
Farmer Boys Food Inc. CA$1.3M · 1.06%
Nasheve, Inc. CA$1.2M · 1.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464761387 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.