Plan Ledger DOL Form 5500 · updated monthly

Panda Restaurant Group, Inc.401(k)

PANDA RETIREMENT PLAN · ROSEMEAD, CA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Panda Restaurant Group, Inc. reported $871,993 in plan administrative expenses for 2024: 0.16% of average plan assets, higher than ~75% of peers. Employer contributions averaged $363 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 0.14% to 0.16%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 211th-largest of 9,483 plans among California employers on file, and the 18th of 2,240 in accommodation & food services. In 2024, employees put in $2.29 for every $1.00 the employer contributed; active participation has grown from 44,486 to 56,227 since 2022.

Plan summary
Net assets, end of year$609,812,492
Participants with balances14,632
Active participants56,227
Employer contributions$20,386,329
Employee contributions$46,762,732
Employer contribution per active participant$363
Average account balance$41,677
Benefits paid to participants$38,111,585
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$609.8M · 14,632 accts · $20.4M emplr
2023$500.3M · 12,173 accts · $16.4M emplr
2022$398.2M · 10,406 accts · $14.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$863,130
Audit (IQPA)$8,563
Total administrative$871,993
The Panda Restaurant Group, Inc. 401(k) match · 2024
Employer contribution per active participant$363
Median for plans this size$4,294
2024$363 per active participant
2023$344 per active participant
2022$328 per active participant

Panda Restaurant Group, Inc.'s 2024 employer contribution ran below the $4,294 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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$863,474
CLIFTON LARSON ALLEN LLP · Accounting / audit$8,563
CHARLES SCHWAB & CO., INC. · Securities brokerage$912

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$871,993 · 0.16%
2023$693,946 · 0.15%
2022$580,697 · 0.14%
Same employer
Similar plansAccommodation & Food Services · California
In-N-Out Burger, Inc. CA$947.3M · 0.02%
The Board of Trustees NY$813.1M · 0.17%
Avis Budget Group, Inc. NJ$718.2M · 0.09%
Hilton Resorts Corporation FL$705.6M · 0.20%
Irb Holding Corporation GA$596.4M · 0.13%
Brinker International, Inc. TX$564.6M · 0.14%
Boyd Gaming Corporation NV$537.1M · 0.12%
Domino's Pizza LLC MI$506.5M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954065005 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.