Plan Ledger DOL Form 5500 · updated monthly

Parker Restaurant Group LLC401(k)

PARKER HOSPITALITY 401(K) PLAN · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
0.39%

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

Parker Restaurant Group LLC reported $1,070 in plan administrative expenses for 2022: 0.39% of average plan assets, below the peer median. Employer contributions averaged $23 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 Illinois (3,605th of 3,702), and 2,015th of 2,240 in accommodation & food services. In 2022, employees put in $2.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$276,776
Participants with balances38
Active participants642
Employer contributions$14,708
Employee contributions$39,084
Employer contribution per active participant$23
Average account balance$7,284
Benefits paid to participants$3,316
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,070
Total administrative$1,070
The Parker Restaurant Group LLC 401(k) match · 2022
Employer contribution per active participant$23
Median for plans this size$331

Parker Restaurant Group LLC'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$1,070 · 0.39%
Similar plansAccommodation & Food Services · Illinois
Roti Restaurants LLC IL$358K · 0.24%
Pinstripes, Inc. IL$326K · 1.22%
Roka Akor Chicago LLC IL$265K · 0.80%
Burrito, Inc. IL$254K · 0.41%
Bleuxus, LLC IL$217K · 3.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842253121 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.