Plan Ledger DOL Form 5500 · updated monthly

Milano Restaurants International Corp.401(k)

ME-N-ED'S PIZZERIA 401(K) RETIREMENT PLAN · FRESNO, CA · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Milano Restaurants International Corp. reported $16,954 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $52 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 rose from 0.60% to 0.73%. 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 (8,087th of 9,483), and 1,312th of 2,240 in accommodation & food services. In 2024, employees put in $4.38 for every $1.00 the employer contributed; active participation has grown from 379 to 472 since 2022.

Plan summary
Net assets, end of year$2,489,472
Participants with balances84
Active participants472
Employer contributions$24,463
Employee contributions$107,256
Employer contribution per active participant$52
Average account balance$29,637
Benefits paid to participants$86,575
Plan auditUnmodified (clean) audit opinion
AuditorDEMERA DEMERA CAMERON LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 84 accts · $24K emplr
2023$2.2M · 103 accts · $25K emplr
2022$2.1M · 108 accts · $20K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,954
Total administrative$16,954
The Milano Restaurants International Corp. 401(k) match · 2024
Employer contribution per active participant$52
Median for plans this size$1,313
2024$52 per active participant
2023$57 per active participant
2022$52 per active participant

Milano Restaurants International Corp.'s 2024 employer contribution ran below the $1,313 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
TRANSAMERICA LIFE INS CO. · Recordkeeping · Loan processing$11,206
NEXUS ADMINISTRATORS · Recordkeeping · Loan processing$5,398
LPL FINANCIAL · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024NEXUS ADMINISTRATORS, Transamerica
2023NEXUS ADMINISTRATORS, INC., Transamerica

This plan has changed recordkeepers within these filings. If you left Milano Restaurants International Corp. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$16,954 · 0.73%
2023$15,196 · 0.71%
2022$14,433 · 0.60%
Same employer
Similar plansAccommodation & Food Services · California
Denco Family, Inc. CA$2.6M · 1.44%
Good Nite Inn, Inc CA$2.5M · 0.43%
Fulfillment Systems CA$2.3M · 0.42%
Nickco Hospitality LLC CA$2.1M · 1.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752644910 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.