Plan Ledger DOL Form 5500 · updated monthly

Newport Concepts dba California Chicken Cafe401(k)

NEWPORT CONCEPTS 401(K) PLAN · ENCINO, CA · plan year 2022

Reported admin expense ratio · 2022
0.94%

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

Newport Concepts dba California Chicken Cafe reported $1,049 in plan administrative expenses for 2022: 0.94% of average plan assets, above the peer median. Employer contributions averaged $80 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (9,303rd of 9,483), and 2,093rd of 2,240 in accommodation & food services. In 2022, employees put in $4.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$142,750
Participants with balances22
Active participants227
Employer contributions$18,202
Employee contributions$78,998
Employer contribution per active participant$80
Average account balance$6,489
Benefits paid to participants$12,887
Plan auditDisclaimer of opinion
AuditorKROST
Administrative expenses, itemized · 2022
Professional / advisory$1,049
Total administrative$1,049
The Newport Concepts dba California Chicken Cafe 401(k) match · 2022
Employer contribution per active participant$80
Median for plans this size$331

Newport Concepts dba California Chicken Cafe's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,049 · 0.94%
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T&K LP CA$141K · 1.20%
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Wok in the Park LLC CA$128K · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953982652 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.