Plan Ledger DOL Form 5500 · updated monthly

Qdoba Restaurant Corporation401(k)

QDOBA RESTAURANT CORPORATION 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Qdoba Restaurant Corporation reported $109,970 in plan administrative expenses for 2024: 0.77% of average plan assets, higher than ~90% of peers. Employer contributions averaged $608 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 0.44% to 0.77%. 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 4,145th-largest of 9,483 plans among California employers on file, and the 363rd of 2,240 in accommodation & food services. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has shrunk from 2,909 to 1,664 since 2022.

Plan summary
Net assets, end of year$16,470,863
Participants with balances498
Active participants1,664
Employer contributions$1,012,362
Employee contributions$2,028,720
Employer contribution per active participant$608
Average account balance$33,074
Benefits paid to participants$2,328,396
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.5M · 498 accts · $1.0M emplr
2023$12.2M · 410 accts · $765K emplr
2022$9.7M · 379 accts · $779K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,866
Investment management$46,204
Audit (IQPA)$18,900
Total administrative$109,970
The Qdoba Restaurant Corporation 401(k) match · 2024
Employer contribution per active participant$608
Median for plans this size$2,416
2024$608 per active participant
2023$288 per active participant
2022$268 per active participant

Qdoba Restaurant Corporation'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 · 20243
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$44,866
PROCYON PARTNERS LLC · Investment advisory (plan)$46,204
COHN REZNICK, LLP · Accounting / audit$18,900

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$109,970 · 0.77%
2023$44,465 · 0.41%
2022$43,237 · 0.44%
Same employer
Similar plansAccommodation & Food Services · California
Pleasant Travel Service CA$17.2M · 0.05%
Sun Hill Properties, Inc. CA$16.9M · 0.66%
Burning Man Project CA$16.5M · 0.01%
Quechan Indian Tribe CA$16.4M · 0.90%
Alisal Properties, Inc. CA$16.3M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841480725 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.