Plan Ledger DOL Form 5500 · updated monthly

Portillo's Hot Dogs, LLC401(k)

PORTILLO'S HOT DOGS LLC 401(K) PLAN · OAK BROOK, IL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Portillo's Hot Dogs, LLC reported $10,112 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $71 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 0.07% to 0.04%. 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 1,398th-largest of 3,702 plans among Illinois employers on file, and the 222nd of 2,240 in accommodation & food services. In 2024, employees put in $3.37 for every $1.00 the employer contributed; active participation has grown from 4,550 to 9,636 since 2022.

Plan summary
Net assets, end of year$27,510,817
Participants with balances772
Active participants9,636
Employer contributions$681,636
Employee contributions$2,300,483
Employer contribution per active participant$71
Average account balance$35,636
Benefits paid to participants$3,849,315
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.5M · 772 accts · $682K emplr
2023$25.7M · 710 accts · $568K emplr
2022$23.1M · 653 accts · $247K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,089
Investment management$23
Total administrative$10,112
The Portillo's Hot Dogs, LLC 401(k) match · 2024
Employer contribution per active participant$71
Median for plans this size$2,416
2024$71 per active participant
2023$118 per active participant
2022$54 per active participant

Portillo's Hot Dogs, LLC'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$10,112 · 0.04%
2023$20,539 · 0.08%
2022$17,767 · 0.07%
Same employer
Similar plansAccommodation & Food Services · Illinois
Michael Lewis Company IL$44.7M · 0.12%
Malnati Organization, LLC IL$28.5M · 0.30%
Hospitality Staffing II LLC IL$25.1M · 0.34%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 362679879 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.