Plan Ledger DOL Form 5500 · updated monthly

Pappas Restaurants, Inc.401(k)

PAPPAS RESTAURANTS 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Pappas Restaurants, Inc. reported $69,681 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $324 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 0.01% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 1,036th-largest of 5,688 plans among Texas employers on file, and the 137th of 2,240 in accommodation & food services. In 2024, employees put in $6.58 for every $1.00 the employer contributed; active participation has grown from 1,497 to 1,786 since 2022.

Plan summary
Net assets, end of year$51,314,626
Participants with balances1,481
Active participants1,786
Employer contributions$578,089
Employee contributions$3,805,450
Employer contribution per active participant$324
Average account balance$34,649
Benefits paid to participants$3,950,230
Plan auditUnmodified (clean) audit opinion
AuditorWEINSTEIN SPIRA & COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$51.3M · 1,481 accts · $578K emplr
2023$44.3M · 1,781 accts · $615K emplr
2022$36.4M · 1,710 accts · $468K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,062
Total administrative$69,681
The Pappas Restaurants, Inc. 401(k) match · 2024
Employer contribution per active participant$324
Median for plans this size$2,416
2024$324 per active participant
2023$61 per active participant
2022$313 per active participant

Pappas Restaurants, Inc.'s 2024 employer contribution ran below the $2,416 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
WEINSTEIN SPIRA & COMPANY PC$6,619
MMA SECURITIES LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$69,681 · 0.15%
2023$37,453 · 0.09%
2022$2,462 · 0.01%
Same employer
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Cr Employment, Inc. TX$55.8M · 0.10%
Tgi Friday's Inc. TX$55.3M · 0.29%
The Houstonian Campus, LLC TX$53.9M · 0.22%
Pizza Properties, Inc. TX$37.1M · 0.34%
Deli Management, Inc. TX$30.3M · 0.47%
McR Investors LLC TX$29.0M · 0.54%
Ashford, Inc. TX$27.2M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760193066 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.