Plan Ledger DOL Form 5500 · updated monthly

Premier Food Concepts LLC401(k)

LUNA GRILL 401(K) PLAN · TUSTIN, CA · plan year 2024

Reported admin expense ratio · 2024
2.03%

Premier Food Concepts LLC reported $49,780 in plan administrative expenses for 2024: 2.03% of average plan assets, higher than ~90% of peers. 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 1.77% to 2.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (7,939th of 9,483), and 1,240th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$2,821,456
Participants with balances514
Active participants530
Employer contributions—
Employee contributions$793,797
Employer contribution per active participant—
Average account balance$5,489
Benefits paid to participants$441,421
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 514 accts
2023$2.1M · 496 accts
2022$1.3M · 425 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,780
Total administrative$49,780
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$49,655
PENSION BENEFITS UNLIMITED · Contract administrator · Consulting$125
MERCER INVESTMENTS LLC · Consultingindirect 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$49,780 · 2.03%
2023$36,804 · 2.15%
2022$23,029 · 1.77%
Same employer
Similar plansAccommodation & Food Services · California
The Party Staff Inc CA$3.0M · 0.52%
Mary's Pizza Shack Inc. CA$3.0M · 1.24%
Far West Services, LLC CA$2.7M · 0.32%
Pac Pizza CA$2.6M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270973650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.