Plan Ledger DOL Form 5500 · updated monthly

Mikuni Restaurant Group Inc.401(k)

MIKUNI RESTAURANT GROUP, INC. 401(K) PLAN · MCCLELLAN, CA · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Mikuni Restaurant Group Inc. reported $81,668 in plan administrative expenses for 2024: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $962 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 6 years on file its reported administrative ratio rose from 0.54% to 0.76%. 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 among the smaller plans on file in California (4,978th of 9,483), and the 490th of 2,240 in accommodation & food services. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has grown from 402 to 537 since 2018.

Plan summary
Net assets, end of year$11,995,039
Participants with balances220
Active participants537
Employer contributions$516,468
Employee contributions$1,094,635
Employer contribution per active participant$962
Average account balance$54,523
Benefits paid to participants$566,557
Plan auditUnmodified (clean) audit opinion
AuditorBFBA, LLP
Plan history7
Yearassets · accounts · employer contribution
2024$12.0M · 220 accts · $516K emplr
2023$9.5M · 226 accts · $513K emplr
2022$7.0M · 235 accts · $515K emplr
2021$6.8M · 219 accts · $473K emplr
2020$4.9M · 202 accts · $364K emplr
2019$3.4M · 151 accts · $338K emplr
2018$2.1M · 135 accts · $296K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,668
Total administrative$81,668
The Mikuni Restaurant Group Inc. 401(k) match · 2024
Employer contribution per active participant$962
Median for plans this size$2,416
2024$962 per active participant
2023$1,055 per active participant
2022$1,249 per active participant
2021$1,048 per active participant
2020$772 per active participant

Mikuni Restaurant Group Inc.'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 · 20241
JOHN HANCOCK USA · Recordkeeping · Investment management$1,780

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history7
2024$81,668 · 0.76%
2023$61,463 · 0.74%
2022$54,145 · 0.78%
2021$49,801 · 0.85%
2020$28,227 · 0.68%
2019$7,831 · 0.29%
2018$9,417 · 0.54%
Same employer
Similar plansAccommodation & Food Services · California
Big Canyon Country Club CA$13.1M · 0.35%
The Mayer Corporation CA$12.9M · 0.41%
Del Taco LLC CA$12.2M · 0.39%
Zmc Hotels, LLC CA$11.5M · 0.38%
Classic Vacations, LLC CA$11.2M · 0.62%
Fort Mojave Indian Tribe CA$10.9M · 0.46%
Mpb Hotel, LLC CA$10.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261292326 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.