Plan Ledger DOL Form 5500 · updated monthly

Mission Bbq Management, LLC401(k)

MISSION BBQ 401(K) PLAN · GLEN BURNIE, MD · plan year 2024

Reported admin expense ratio · 2024
0.52%

Mission Bbq Management, LLC reported $13,961 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. 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 0.07% to 0.52%. 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 Maryland (1,419th of 1,671), and 1,165th of 2,240 in accommodation & food services. active participation has shrunk from 7,046 to 5,627 since 2022.

Plan summary
Net assets, end of year$3,175,618
Participants with balances273
Active participants5,627
Employer contributions—
Employee contributions$939,488
Employer contribution per active participant—
Average account balance$11,632
Benefits paid to participants$117,709
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 273 accts
2023$2.2M · 225 accts
2022$908K · 199 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,069
Investment management$9,892
Total administrative$13,961
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 · 20242
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$4,069
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$9,892

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$13,961 · 0.52%
2023$6,560 · 0.43%
2022$630 · 0.07%
Same employer
Similar plansAccommodation & Food Services · Maryland
Hospitality Partners, LLC MD$5.9M · 0.32%
Rod N Reel, Inc. MD$5.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364836132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.