Plan Ledger DOL Form 5500 · updated monthly

Pizza Properties, Inc.401(k)

PIZZA PROPERTIES, INC. 401(K) PLAN AND TRUST · EL PASO, TX · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Pizza Properties, Inc. reported $116,050 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1,479 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 fell from 0.39% to 0.34%. 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 1,321st-largest of 5,688 plans among Texas employers on file, and the 175th of 2,240 in accommodation & food services. In 2024, employees put in $1.14 for every $1.00 the employer contributed; active participation has grown from 277 to 806 since 2022.

Plan summary
Net assets, end of year$37,143,172
Participants with balances343
Active participants806
Employer contributions$1,192,403
Employee contributions$1,354,572
Employer contribution per active participant$1,479
Average account balance$108,289
Benefits paid to participants$1,657,619
Plan auditUnmodified (clean) audit opinion
AuditorLAUTERBACH, BORSCHOW & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$37.1M · 343 accts · $1.2M emplr
2023$31.8M · 291 accts · $481K emplr
2022$26.7M · 320 accts · $421K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,550
Investment management$24,000
Audit (IQPA)$14,500
Total administrative$116,050
The Pizza Properties, Inc. 401(k) match · 2024
Employer contribution per active participant$1,479
Median for plans this size$2,416
2024$1,479 per active participant
2023$1,659 per active participant
2022$1,520 per active participant

Pizza Properties, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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
LINCOLN NATIONAL CORPORATION · Contract administrator$77,550
NFP RETIREMENT, INC. · Investment advisory (participants)$24,000
LAUTERBACH, BORSCHOW · Accounting / audit$14,500

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$116,050 · 0.34%
2023$108,893 · 0.37%
2022$114,899 · 0.39%
Same employer
Similar plansAccommodation & Food Services · Texas
Tgi Friday's Inc. TX$55.3M · 0.29%
The Houstonian Campus, LLC TX$53.9M · 0.22%
Pappas Restaurants, Inc. TX$51.3M · 0.15%
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 742221820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.