Plan Ledger DOL Form 5500 · updated monthly

Pizza Luce Management, Inc.401(k)

PIZZA LUCE RETIREMENT SAVINGS PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Pizza Luce Management, Inc. reported $82,600 in plan administrative expenses for 2024: 0.75% of average plan assets, higher than ~90% of peers. Employer contributions averaged $715 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 0.38% to 0.75%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Minnesota (1,200th of 1,918), and the 902nd of 2,534 in administrative & support services. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,951,050
Participants with balances854
Active participants677
Employer contributions$483,761
Employee contributions$931,156
Employer contribution per active participant$715
Average account balance$13,994
Benefits paid to participants$857,313
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 854 accts · $484K emplr
2023$10.0M · 993 accts · $312K emplr
2022$7.9M · 753 accts · $439K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,600
Total administrative$82,600
The Pizza Luce Management, Inc. 401(k) match · 2024
Employer contribution per active participant$715
Median for plans this size$2,416
2024$715 per active participant
2023$462 per active participant
2022$700 per active participant

Pizza Luce Management, 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 · 20242
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$59,580
DWC ERISA CONSULTANTS LLC · Contract administrator$23,020

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

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$82,600 · 0.75%
2023$25,442 · 0.28%
2022$31,995 · 0.38%
Same employer
Similar plansAdministrative & Support Services · Minnesota
Aspen Waste Systems, Inc. MN$16.1M · 0.16%
Dem-Con Companies, LLC MN$13.9M · 0.01%
Elder-Jones, Inc. MN$12.4M · 0.51%
Aspen Waste Systems, Inc. MN$8.8M · 0.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 411995281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.