Plan Ledger DOL Form 5500 · updated monthly

Mr. Gatti's Operating, LLC401(k)

MR. GATTI'S OPERATING, LLC 401(K) RETIREMENT PLAN · FORT WORTH, TX · plan year 2023

Reported admin expense ratio · 2023
1.23%

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

Mr. Gatti's Operating, LLC reported $18,253 in plan administrative expenses for 2023: 1.23% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,876 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 1.03% to 1.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Texas (5,035th of 5,688), and 1,524th of 2,240 in accommodation & food services. In 2023, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,662,171
Participants with balances66
Active participants50
Employer contributions$93,823
Employee contributions$204,275
Employer contribution per active participant$1,876
Average account balance$25,184
Benefits paid to participants$119,745
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.7M · 66 accts · $94K emplr
2022$1.3M · 77 accts · $7K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,770
Investment management$7,483
Total administrative$18,253
The Mr. Gatti's Operating, LLC 401(k) match · 2023
Employer contribution per active participant$1,876
Median for plans this size$1,308
2023$1,876 per active participant
2022$138 per active participant

Mr. Gatti's Operating, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
BPAS · Recordkeeping · Loan processing$10,770
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (participants) · Investment advisory (plan)$7,483

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

Administrative cost history2
2023$18,253 · 1.23%
2022$16,626 · 1.03%
Similar plansAccommodation & Food Services · Texas
Eight O Management Inc TX$1.9M · 0.04%
Dq of Texas, Inc. TX$1.9M · 0.16%
Grissett Enterprises LLC TX$1.8M · 0.02%
Palafox Hospitality, LTD. TX$1.7M · 0.57%
Dkt Investments, LTD. TX$1.7M · 0.21%
Tasty Chickn, LLC TX$1.6M · 5.26%
Pinthouse Pizza, LLC TX$1.6M · 1.51%
Odessa Enterprises Inc TX$1.5M · 1.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871306639 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.