Plan Ledger DOL Form 5500 · updated monthly

Papa John's International, Inc.401(k)

PAPA JOHN'S INTERNATIONAL, INC. 401(K) PLAN · ATLANTA, GA · plan year 2025

Reported admin expense ratio · 2025
0.25%

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

Papa John's International, Inc. reported $315,180 in plan administrative expenses for 2025: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $690 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 3 years on file its reported administrative ratio fell from 0.35% to 0.25%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other retail trade employers. By assets it is the 228th-largest of 2,160 plans among Georgia employers on file, and the 289th of 5,215 in retail trade. In 2025, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$136,083,087
Participants with balances1,954
Active participants7,477
Employer contributions$5,157,434
Employee contributions$9,993,685
Employer contribution per active participant$690
Average account balance$69,643
Benefits paid to participants$15,717,297
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$136.1M · 1,954 accts · $5.2M emplr
2024$115.3M · 1,882 accts · $4.7M emplr
2023$99.2M · 1,824 accts · $4.3M emplr
2022$82.5M · 1,873 accts · $4.7M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$285,321
Investment management$29,859
Total administrative$315,180
The Papa John's International, Inc. 401(k) match · 2025
Employer contribution per active participant$690
Median for plans this size$4,093
2025$690 per active participant
2024$591 per active participant
2023$528 per active participant
2022$624 per active participant

Papa John's International, Inc.'s 2025 employer contribution ran below the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$285,320
LPL FINANCIAL LLC - RPCP · Investment advisory (plan)$29,859

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

Administrative cost history4
2025$315,180 · 0.25%
2024$389,566 · 0.36%
2023$393,128 · 0.43%
2022$323,234 · 0.35%
Same employer
Similar plansRetail Trade · Georgia
Aaron's, LLC GA$186.0M · 0.18%
Racetrac, Inc. GA$156.8M · 0.19%
Guardian Pharmacy, LLC GA$91.2M · 0.18%
Hennessy Cadillac, Inc. GA$71.4M · 0.16%
The Paradies Shops, LLC GA$65.6M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611203323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.